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


To: NucTrader who wrote (52677)5/31/2000 10:38:00 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 99985
 
re: Hard evidence that the economy is slowing is preliminary

True. But, by the time that evidence is clear, confirmed, and everyone knows it, the Nasdaq will be 25% off its lows. Consumer spending is still roaring along, but my guess is that this will be the last indicator to turn.

And, if I'm wrong, and the Fed does 1/2% again while continuing the "risk is toward inflation" bias? I can just hold through a further market drop. I won't use margin until July at the earliest.

Also, with the last Fed hike, the market responded, but only after thinking about it for a couple of days. I can react faster than that. If the Fed says, "we ain't done yet", and the market doesn't immediately tank, I'll be raising cash. My finger will be poised over the "sell" button, while listening to Greenspan on CNBC. I hope you all will politely wait your turn in line. I'd prefer to be the first to the sidelines.



To: NucTrader who wrote (52677)5/31/2000 10:39:00 PM
From: drsvelte  Read Replies (1) | Respond to of 99985
 
The Gap (GPS) 35 1/16 +5/8: Reports a 2% decline in May same store sales.

American Eagle Outfitters (AEOS) 16 7/16 +11/16: Reports a 1% decline in May same store sales.



To: NucTrader who wrote (52677)6/1/2000 7:45:00 AM
From: Haim R. Branisteanu  Respond to of 99985
 
Analysis of end of Day Closing prices and recommendations in
Summers & Uncle Al Tulips Market,or the Den of Thieves & Swindlers

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim
see more data & info including stock charts from this scan at:
home.nyc.rr.com
and also see Today Charts who are updated every several days

Today is 05/31/100 Remember this is a computer scan only

S&P Closed 1420.60
S&P Change -1.850

Recomandation Price Stoch. RSI RSI RS
Change ROC%

BUY SIGNAL ON AA 58.438 8.291 33 1 1396
SELL SIGNAL ON ADM 11.938 90.902 68 -4 -43
BUY SIGNAL ON DOW 107.063 17.657 43 0 138
SELL SIGNAL ON EK 59.750 87.363 58 -7 -1
BUY SIGNAL ON IP 34.813 17.835 38 0 21
BUY SIGNAL ON MSFT 62.563 20.328 35 -1 8
SELL SIGNAL ON OXHP 21.250 68.654 55 -15 -10
SELL SIGNAL ON PG 66.500 92.886 57 1 0
BUY SIGNAL ON PIXR 34.250 12.331 40 0 37