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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (52623)5/30/2000 9:49:00 PM
From: marginmike  Respond to of 99985
 
CNBC? What do they know? If the institutions were buying why would they tell anyone? Man if you listen to those yoyo's just give me your money Ill give you 1/2 back in 6 months. It will beat the performance youll get listnening to the Bubble brains



To: American Spirit who wrote (52623)5/30/2000 9:56:00 PM
From: Stephen  Read Replies (1) | Respond to of 99985
 
AS ... re LU. Like many other large techs I watched today, there was massive selling into strength (despite the trin). The action in LU was terrible until some panic buying came in towards the close. It was worse for MOT (splits 3-1 soon in a couple of days) ... the asks were big lots ... lots over 500K ... some at 1000K. At the death, there was a bunch of big lot buying for tomorrows gap up. I sold my longs based upon what I saw .. though I still have 300 of an LU sale I didn't get a fill on. I shall be watching tomorrow carefully ... and identifying my possible shorts tonight.

Stephen



To: American Spirit who wrote (52623)5/30/2000 10:08:00 PM
From: bobby beara  Respond to of 99985
 
One big problem I have(which many share) is an addiction to staying in the market.<<<<<

yep, thats a big problem, only taking the high probability trades and sitting on your hands and watching oprah in between -g-

it's impossible to catch every pammy cup and her wiggle -g-



To: American Spirit who wrote (52623)5/30/2000 10:11:00 PM
From: Casaubon  Read Replies (2) | Respond to of 99985
 
the NDX is putting in an inverse head and shoulder bottom on the daily charts, with the neckline at about 3665. The measured move would roughly be about 4,400.



To: American Spirit who wrote (52623)5/30/2000 11:32:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
American Spirit: I will allow others to scrounge up their own posts, but some of us where definitely expecting this rally and pointed to reasons why...

Message 13766367

Message 13781775

Message 13788988

One thing we work at on this thread is including some TA, FA or some sort of support with out expectations! It helps us all better understand each other's positons and gives us all an opportunity to learn from each other as well.

Regards,
LG

PS: To All: Some great contributions over the weekend and today. I did not have time to read them all. Back to the vacation...