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

To: dennis michael patterson who wrote (58485)	8/27/2000 3:01:52 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Boy Dennis, You getting bearish? Maybe its time for me to get bullish. gggggggggggg

To: dennis michael patterson who wrote (58485)	8/27/2000 3:06:57 PM
From: James Strauss	Read Replies (1) \| Respond to of 99985

Jim, I think you will be disappointed (even on the chart you posted, the Williams shows Mo has turned down). But this is what makes markets, n'est pas? Dennis: Note how the Williams %R has had a sawtooth pattern all the way up... It cuts down, then slices up... ROC and MACD are in solid positive territory... 208.240.76.45 I realize that without the holy grail "volume", this rally has been suspect by many technicians... We have a relatively strong economy that's slowing... We have an end to the rate hike cycle... Earnings are still good... This is the best of both worlds... I continue to be long until the actual price patterns on the major indexes turn south... Until then, I'll take advantage of the rising prices, volume or not... : > Jim