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


To: Trey McAtee who wrote (4424)1/21/1999 9:01:00 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 99985
 
Sorry, didn't mean to start a war (sorry for the play on words). I didn't mean to say YOU offended me, more that the way the press spins everything thus the public perception offended me. Note that the B-2 was full of negative press due to it costing 500 Million bucks yet no mention that the F-22 is the same price but carries less payload since it is a fighter.

Back on topic, One thing to note is that the small short term forks held today formed by connecting the lows around 14 December for the handle and the highs of 11 Jan and the lows of 14 Jan for the tines. They tanked it hard right after the bell so the premium is going to be all out of whack on teh open tomorrow. Will be interesting to see how the opening sell programs make everyone react. Panic Friday ro perceived attempt to shake shares out of the weaker hands so they can run it back up before the close to make it look good in the weekend paper to J6P. Oil index is sitting on its bottom tine on my chart. Not sure what would make it go up here. Is the impeachment stuff gettng hot again. Maybe Billy Bad will send us packing to the sandbox again soon to let some heat off. Nope, not now, it isn't a holiday yet. <ng>

Good Luck and sorry for the misunderstanding,

Lee