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

To: HighTech who wrote (3070)	12/29/1998 6:25:00 PM
From: Trumptown	Respond to of 99985

Well...the key is probably Jan 4th...until then we'll just bobble along...next week should either be a break out...or break down...now if we could just figure that one out... SR

To: HighTech who wrote (3070)	12/29/1998 8:08:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

HiTech, even that I anticipate a "let-down"next week, because of the Euro, I am not sure that the Trin is such an accurate indicator. Combining it with the PUT/CALL ration it may predict a turning point in this case down. In addition many who rode this market will take soem profita next week and postpone th ecapital gain tax by one year. Now this anticipated phenomen will hurt the winners, not the loosers as in the ordinary end of year tax selling. BDIK Haim