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

To: Les H who wrote (58802)	9/8/2000 7:34:26 PM
From: Stephen M. DeMoss	Respond to of 99985

Les, I thank you for all your inputs on this thread. You do a service to all here with your posts. I would not mind a little 'interpretation' if you have thoughts on some of the charts you post ie. TXN needs to hold 58 or it may retrace to the 52 level etc. You also make no personal comments on where you think (based on your presented data) the sector(s) are moving near term/longer term. If I were guessing, it would be that you are on the sidelines in cash looking at the techs with interest. I don't see you short the techs but rather I see your interpretation of the data as saying the techs will see further lows before any new leg up. Comments? In any case, you really are appreciated on this thread! Sincerely, Steve D.