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

To: eichler who wrote (77782)6/2/2001 2:24:42 PM
From: Berney  Respond to of 99985
 
But they have to add all those chemicals to it. <gg>

I key on OEX and it broke the 20 day ema several days ago and it became resistance on Friday. I just sit in cash and watch the resolution of this issue. If ... If the 10 day ema crosses below the 20, then it could get nasty.

In fact, SnP, DJIA, NDX, and Compx all broke below the 20 day ema in the last few days, and only the DJIA was able to rally back above it on Friday. The 10 day is sitting right on top on the 20 day on NDX.

IMHO Resolution of direction will happen very soon.

We are at about 50% of our normal rainfall, and doing rain dances.

Berney



To: eichler who wrote (77782)6/2/2001 3:25:47 PM
From: fishweed  Respond to of 99985
 
eichler - "Even the price of water(!) goes up" The big boyz have learned to put a time value on everything. They simply keep it away from us for a time, creating a "shortage" and wolla! you have justification for a price hike. It seems, It's not increased production cost, but the time they keep it from us that carries the value.

fishweed


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