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


To: Haim R. Branisteanu who wrote (55914)7/2/2000 12:11:34 PM
From: Gersh Avery  Read Replies (1) | Respond to of 99985
 
Hi Hiam ..

As I understand things a formation can be breached for a moment then regain control.

The price action that you saw also included INTC, JNJ, UTX and WMT. At the same time that these had a spike up the price of the OEX 790 call had a sharp move down.

All of these prices would be good to watch when trading opend up again.



To: Haim R. Branisteanu who wrote (55914)7/2/2000 12:31:53 PM
From: flatsville  Respond to of 99985
 
mike--

I use Scottsdale on occasion for stock trades. $7 market, $12 limit.

They're small. They answer the phone.



To: Haim R. Branisteanu who wrote (55914)7/2/2000 2:23:23 PM
From: briskit  Read Replies (1) | Respond to of 99985
 
Haim, re: "closed $51 on the NYSE but it was run on a small amount of shares to $53 just after the close ....."<p><br><br>
Intraday charts look like it went up to 53 several times in the last 15 minutes 3:45-4:00, then the chart shows close at 52 (AOL) or 53 (stockcharts) hard to tell. But from 49 to 53 from 10:00 a.m. to close, or 51-53 in 15 minutes is big for GE. The volume was 50% above 30 day average? It made 4th on the quote.com most active list. If 53 is valid and it can hold it the short term resistance would have been broken. P&F shows a reversal to a column of Xs. BWDIK (except I've dealt with my last "full service" broker.