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

To: bobby beara who wrote (56628)7/15/2000 11:10:45 AM
From: Eski  Read Replies (4) | Respond to of 99985
 
Everyone getting so bullish time to sell, the Nasdaq Comp Daily on the Stochastic %K on my Charts is at 97. and %D at 83 looks way over brought here. I'm looking for a pullback on Monday. So once the earnings season is over in a few weeks what to keep the Nasdaq from droping. My take next week they sell the news on INTC and MSFT when they report and that could take us down some.



To: bobby beara who wrote (56628)7/15/2000 11:30:46 AM
From: Saulamanca  Read Replies (1) | Respond to of 99985
 
Bobby, Bollinger also says that the market is in tune with seasonal patterns, setting up the most important buying opportunity of the year in the fall.

bollingerbands.com

--Jim


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