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To: donald sew who wrote (51451)9/3/1998 1:54:00 PM
From: ratan lal  Respond to of 58727
 
Hi Don

Looks like the 5-min chart on OEX went Bullish.

But the 30-min chart still shows a down move although it is also bottoming out.

Expect a short term move up - to may be Dow down 50 - then back down again to Dow down 100

Similarly the tick and trin 5-min charts are bullish
but the 30-min chart is bearish (yet bottoming out)

so the outcome for the next hour may be a confused market



To: donald sew who wrote (51451)9/3/1998 3:55:00 PM
From: MonsieurGonzo  Respond to of 58727
 
Donald; RE:"squeezing into the close..."

..a 'hanging man' after a 'shooting star' yesterday on the XMI.X - Major Market Index.

Today's declines again led by NF.X - Financials Sector, though failing to negate Tuesday's 'hammer' on the BKX.X - so far.

-Steve



To: donald sew who wrote (51451)9/3/1998 4:03:00 PM
From: steve susko  Read Replies (1) | Respond to of 58727
 
What's your analysis for tomorrow given today action?
OEX almost tested 470 and tomorrow should be a thin trading day making easier for floor traders to manipulate.