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

To: bobby beara who wrote (56685)	7/17/2000 12:11:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

BB, your take on ARBA?? Such great earnings <GGGG> and the stock goes down! ....... or is it a mere pump and dump situation <GGGG> Haim

To: bobby beara who wrote (56685)	7/17/2000 12:34:44 PM
From: John T.	Respond to of 99985

Bobby, this COMPQ rally is getting very narrow. There are only a net of 52 COMPQ stocks up on the day. I wonder which ones those are? <gg> Lots of money pouring into them, however. Up volume on COMPQ is good.

To: bobby beara who wrote (56685)	7/21/2000 5:23:16 PM
From: Mike M	Read Replies (1) \| Respond to of 99985

bobby, even when we have the direction right timing will keep us humble. Note the down movement was two days and started Tuesday rather than Monday, then rally, & today I got my c wave. At the risk of being on record, I would expect the market to be weak in the early going Monday and then a fairly strong rally into the week. This would finish my Elliot count. It is the consolidation that follows which tells us whether we are out of the woods or not.