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

To: Gersh Avery who wrote (1953)12/15/1998 7:51:00 PM
From: StockOperator  Respond to of 99985
 
I'll go on record here today that tomorrow will be a big day for technology issues. The NASDAQ powered by INTERNET first and big cap technology second should make a powerful move. Take a look at the charts of all the big names

AMZN - leading the market, hit a new high today

CSCO - closed at the high of the day. Should hit new all time high this week

YHOO - Tomorrow should breakout strong from this recent consolidation pattern

AOL - Should see strong move, breaking out of recent consolidation

I'm going to ride with the smart money. The charts are extremely bullish.

StockOperator



To: Gersh Avery who wrote (1953)12/15/1998 8:18:00 PM
From: dennis michael patterson  Respond to of 99985
 
Well, I think the Dow looked like a bottom. It was having trouble all day and then motored at the end. The thing looks ok to me. 8900? I'll take it. I bought MSFT at 112 and I doubt it will see that again any time soon. Same story with Csco, Emc and Amzn. I got the Amzn confirmation yesterday-- 206.


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