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


To: KevinMark who wrote (69203)2/14/2001 7:45:41 PM
From: el paradisio  Respond to of 99985
 
Could be...selling inventories might be the first sign of lower prices ahead.
The only oil stock I watch is DO...looks like a short term top here.
I have also short term sell signal on MO, HRC and MRK.
I trade them, when Nasdaq is in trouble....
If Nasdaq will test 2500 successfully....the next top should come around 3000.
Regards,
el