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


To: HairBall who wrote (6697)2/19/1999 2:25:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Waterhouse usually does OK and at least they give me confirmation pretty quick although at times they have their E-trade moments. <G>

Can they get anymore confusing here on these charts? Looked like that pattern was a bull flag after all but it will have to break through 624.5 area next. Either they covered a lot of call contracts this morning or there are going to be some people hurting on the close. This 620 support area is going to be hard to crack but the internals still aren't that great. Even some of the big guns are still down today such as PG, IBM, DELL etc. The liitle guys are out of the party and now some of the generals are missing too.

Got to go and decide if I should put this bounce here or latch on for a ride on a break out.

Lee