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

To: Haim R. Branisteanu who wrote (6143)	2/11/1999 7:28:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

Haim: To far to fast to narrow but several charts are quite bullish Sometimes, you just make it simple...<g> Regards, LG

To: Haim R. Branisteanu who wrote (6143)	2/11/1999 8:09:00 PM
From: Lee Lichterman III	Respond to of 99985

Thanks for adding that stock I requested. What timing huh? I actually thought my goose was cooked before the open. Monty, I sent my charts about an hour ago, if MU loses them again, let me know. Oils and utilities were down today despite the rally. Less new money and more moving the same dollar around to different sectors? Also very few breakouts on the charts so far. Considering the huge volume on some issues yet they only rose a fair amount, it was a close race barely won by the buyers as to who wanted in the market versus who wanted out. I saw a lot of distribution on the tape today. As you can tell, I am no where near convinced this rally is anything significant yet. This may just be a last chance to get out before the real drop later. My short term forks held on all but INTC although I do expect enough follow through tomorrow to cause me to switch them around tomorrow on the indexes. Still I agree with all the prior posts that new lows need to drop significantly. I also found it odd that some of the better stocks that held up well during the drop failed to take part in this rally. It seems that the stocks that rallied most were the ones that dropped the most so was this just a dead cat bounce? Personally I don't care. Just as long as it is tradable <g> EDIT - LG- saw your post early in the day forecasting 9336 close on the DOW. You were off 30 points or .03%. Get your act together!!! Great call guy! Don as usual, great call on the pop today. You should patent and then sell that guitar system. Good luck, Lee