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

To: dennis michael patterson who wrote (6849)	2/22/1999 7:32:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Dennis, don't go getting bearish on me now!!! <g> Maybe you convinced me yesterday and this morning but I am liking what I am seeing tonight on the charts. I am afraid of being accused of a fair weather bear but most of my sector charts moved up, Advancing volume trounced declining volume etc. NBR comes on in 5 minutes and I always update my site while I am watching it so give it 15 minutes to half an hour then check the sector charts out. Many of them broke through resistance lines or channels. In the bear's defence, many did not break through critical levels yet, and many stocks and sector charts could be viewed as nothing more than technical bounces off of some fairly firm support lines so they can get a running start to be broken at a later time. So far though, most of the upward forks held just as they looked bleak and ready to fall apart. Good Luck, Lee (Heck, maybe I should have bought DELL <ggg>)