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


To: donald sew who wrote (53948)6/13/2000 9:01:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Don, i agree on the last comment. as for the high trin during a rally, i have no idea what to make of that. it is frankly bizarre.

here's an interesting article, which didn't make the papers in the US:

Message 13877287

regards,

hb



To: donald sew who wrote (53948)6/13/2000 9:19:00 PM
From: el paradisio  Respond to of 99985
 
Donald,closing was on a buy side.
NDX
siliconinvestor.com
Bullish engulfing (almost)
INDU
siliconinvestor.com
Bullish engulfing,not a classic one,but close.
CPI should have a final decision.
el



To: donald sew who wrote (53948)6/13/2000 9:23:00 PM
From: Paul A  Read Replies (1) | Respond to of 99985
 
Donald, interesting how the market has once again turned bullshit despite CPI tomorrow making it a gamble to close as it did today.. Not to mention the muted reaction this morning despite more positives.

All you bullish folks best hope for some fantastic data, because if there is a major surprise, there are a LOT of long positions that will be trying to squeeze thru the exits, and very few shorts to support as they were forced to cover into the close today.

I have been ignoring the technicals for 3 weeks now and have been all the better for it. Todays rally on the nasdaq would have been time to jump in.. I still say short... (just the garbage tho, to play it safe:)



To: donald sew who wrote (53948)6/13/2000 9:46:00 PM
From: HairBall  Respond to of 99985
 
donald sew: Tough market to read, even for the short-term

I agree. The fluctuations in the TICK and TICK NQ today were more dramatic than the price fluctuations revealed.

Regards,
LG