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


To: bobby beara who wrote (6930)2/23/1999 6:07:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Analysis of end of Day Closing prices and recommendations
in Rubins Tulips Market - Potential Shorts - LU,MOT,TXN,HD

for more info see bway.net

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim

Today is 02/23/99 Remember this is a computer scan only

S&P Closed 1271.18 See also the Equivolume table
S&P Change -0.960

Recomandation Price Stoch. RSI RSI RS
Change ROC%

BUY SIGNAL ON AMR 55.562 22.917 44 -2 3
SELL SIGNAL ON BK 35.875 84.959 52 -5 -566
BUY SIGNAL ON BZL 3.375 12.500 38 0 5
SELL SIGNAL ON DSCP 25.875 75.833 64 -1 -7
SELL SIGNAL ON SNE 75.500 86.937 59 -4 0
BUY SIGNAL ON X 25.938 15.385 50 6 25
BUY SIGNAL ON IRF 8.000 8.696 32 6 18
SELL SIGNAL ON IIF 8.062 82.051 57 -4 -21
SELL SIGNAL ON TNT 1.875 84.615 54 -11 -4
BUY SIGNAL ON BPA 82.562 20.312 41 2 24



To: bobby beara who wrote (6930)2/24/1999 10:55:00 AM
From: StockOperator  Read Replies (2) | Respond to of 99985
 
bb,

SO, don't get "married to the bull"'g'

Thanks bb. But thats not my style. From the beginning of this rally that started in Oct. my long term opinion has been bullish. Simply because the long term trend has remained bullish. I try hard not to read into what I'm seeing. Which is why my opinion, the past couple of weeks, has been increasingly more cautious. Especially with the intermediate term trend being taken out.

I know this breakout could very well be some sort of trap. Thats why I usually like to point out that its the close on Friday that matters most to the overall trend. That and close observation of the patterns developing on the individual charts.

Besides during the past couple of months on this thread the bull has been the bridesmaid. The bear is the one thats been sick on Champagne. <gg>. Just keeping the scales balanced.

Good trading.

SO