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


To: Haim R. Branisteanu who wrote (59164)9/19/2000 7:03:26 PM
From: Michael Watkins  Read Replies (1) | Respond to of 99985
 
Thanks Haim. I also found this:

At 2:15 pm, the Senate will vote on final passage of H.R. 4444 at the Senate web site senate.gov

Looking at the Nasdaq futures chart and my trading activity, I can't say that it had a big impact on the NDX. Might have been behind a few traders minds I suppose. The rest of the afternoon was mostly characteristic of a program of some sort, possibly someone buying to cover a larger short position. Steady upward grind without any real breakout volume oomph. And then it stopped. Well see if there's any buying oomph in ms market tomorrow.

Now China.com had a big impact at 14:25... see what happens tomorrow.

mw