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

To: HairBall who wrote (3604)	1/10/1999 12:18:00 PM
From: Instock	Respond to of 99985

LG, I guess I was alerting anyone interested, to a SI thread that has been doing very well, and their web site that posts thier Stock Write Ups. <<< Anyone of the URL's listed in the openning statement should get you to thier site. >>> exchange2000.com Check out the Amigos record for Dec. ( Impressive! ) exchange2000.com I mentioned CNGR because it is one of their stocks I do own, and it has been doing very well in the last 2 weeks or so. CNGR seems to be just starting to gain interest from people on SI. CNGR is near break out. Excellent fundimentals and Chart. Also, a Very strong possablity of news coming out soon. quote.yahoo.com Doug, who I posted my message to, has said some good things about CNGR in the past and I was kinda teasing him because I have asked if he can do another Full Blown TA of CNGR, but has been a bit to busy to get around to it. I respect Doug's TA ! Hope I did not offend you by posting about the Amigo's, CNGR, Doug R. etc.. Just sharing usefull information with others who might have a common interest. Thanks, have a good week! Instock

To: HairBall who wrote (3604)	1/10/1999 1:31:00 PM
From: StockOperator	Read Replies (2) \| Respond to of 99985

Good morning all, This week's Barrons is a good one. Many interesting articles. To say this week was a very interesting week in the market is a huge understatement. However, there are some very interesting developments to keep an eye on. The charts for bond yields, Utilities, dollar and gold are at critical points. It might be hard to believe but gold stocks were one of the best performing groups for the week. You can fill in the blanks in determining what rising or falling prices in these indices means to the market. But yet how do you ignore the statement made this week? The Dow pushes decisively into record highs. The airline stocks (this is from Barrons) "topped the more than 100 industry groups within the S&P, rising over 20%". Cyclicals, like paper and industrial stocks came to life. Many individual companies made huge moves GM, AT&T, INTC, CSCO and so many more. So just like I don't want to jump on a run-away freight train. It just doesn't make sense to miss the train as its leaving the station. Here are a couple of things to watch this coming week: Watch how this market handles last week's gains. I would expect prices to pause in the companies that had huge gains this week and prices to move higher in the companies that consolidated this past week. GE, IBM, MRK and FDX are a few that stand out. Look for a more pronounced move in the RUT. I would expect to see a huge week in small cap stocks. Momentum is building. Some of those 2nd tier internet companies have made big moves this week: CYCH $15-23 ONSL $40-60 AMEN $8-15 (one day). While others like CYSP, CNKT and even AOL have not participated. The troubling thing about some of these moves has been the gaps left on the charts. Usually not a good sign. As a matter of fact the NAZ composite has been gapping during this whole move (gaps are usually filled). And despite the moves made in companies like ONSL they have yet to make decisive breakouts. But yet many of the small stocks that I follow are showing strength here. Companies like NANX ($2.37) where insiders purchased 430,000 shares at $2.0 10/98. The chart says its ready to break here. Even the chart of one of my favorites (CMPD) is indicating a break (still a very dangerous play under $1.0). So I still believe the best way to play this market is from the long side. Picking your poison very carefully (as Debra would say). And if you are long - I wouldn't go on vacation this month. Regards, SO