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


To: Arik T.G. who wrote (6059)2/11/1999 9:10:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
>>I expect the continued down move to begin in two days, maybe before Friday (fry day) close, <<

Careful, the market doesn't like to crash before DELL reports and that isn't until next Tuesday. Give a couple days for post earnings frenzied partying and options expiration which since this stealth bear has started has leaned toward the long side the last few months. IMO the drop won't start until end of month to the beginning of March but I laen toward the end of month myself. Too many indicators showing close to bottom right now thus the calls for the short term failed rally attempt.

Have to go to work,

Good luck to all,

Lee