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


To: el paradisio who wrote (54976)6/22/2000 1:24:00 PM
From: Stcgg  Read Replies (1) | Respond to of 99985
 
EP -

Dow new resistance of 10440 holding, a close below 10388 would be confirmation of another leg down starting..

S&P breached 1460, and headed lower..

Naz still a puzzle, is this the 4th down before the 5th up or the end of it's abc correction..

The Fed won't inject with support broken, it would be met with selling.. I think we close at or near the lows today..

>><<



To: el paradisio who wrote (54976)6/22/2000 1:31:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 99985
 
el paradisio: " We need a big injection overnight from Fed....."

" how big an injection will we need el p?

-gg-

Johnny Carson

( TA will be back much later; please call me if we crash
before I return................
still trying to figure what to do with all that cash at hand...

-gg- )

Message #54976 from el paradisio at Jun 22, 2000 1:08 PM ET
Stcgg,Yep,I saw this dip,Indu must close above 10,400.
Compx...watching... drop to 3982-3995...danger. Parabolic top at 4025...
The question,GE...must hold 48.
What do you think, from where we can get some upside on Indu?
MSFT,IBM,HWP,INTC MER...
I don't see any so far.
CSCO going down...65-64 3/4 is the last chance.
If we will not rally in the afternoon...tomorrow, we may gap down and that's it.
We need a big injection overnight from Fed.....
el