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

To: Haim R. Branisteanu who wrote (54865)6/21/2000 8:46:00 PM
From: Stcgg  Read Replies (2) | Respond to of 99985
 
Tape Painting Rallies..

Yesturday the rally was made up of INTC and IBM, making up 86% of the rise in the techs.. Today the rally was made up over 50% due solely to MSFT..

It's not a bull, it's not even a mania anymore, it's pure manipulation..

>><<



To: Haim R. Branisteanu who wrote (54865)6/22/2000 10:00:00 AM
From: Roebear  Respond to of 99985
 
Haim and all,

New highs/lows is a good indicator of participation and is useful in identifying tops/bottoms. A favorite of old Justin Mammis, it is difficult, if not impossible, to paint this one!

To all thanks for the replies, a bit too swamped this morning to post much yet.

Best Regards,

Roebear


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