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


To: Ramsey Su who wrote (7062)2/26/1999 11:15:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Ramsey,

I really have tough times trying to predict day by day movemnts. The short-term technicals are now in the mid-range to lower mid-range, so as I have always stated its a flip of the coin: up-down-flat.

In my previous post, depending on how today closes, we could see the opposite move Mon/TUE.

seeya



To: Ramsey Su who wrote (7062)2/26/1999 11:39:00 AM
From: yard_man  Read Replies (1) | Respond to of 99985
 
Ramsey -- I don't know what today holds, but typically when the Fed's jawboning heats up like it has recently it means more downside to come -- any good bounces should probably be sold based this indicator. FWIW.

There is going to be a real sellof in the tech sector soon, IMHO -- this is the way a good selloff usually develops



To: Ramsey Su who wrote (7062)2/26/1999 11:46:00 AM
From: Compadre  Respond to of 99985
 
Ramsey: Not claiming Guru status, but here is a bit of news explaining some of todays sell off in the hi tech areas.

dailynews.yahoo.com

Merril downgrades computer and semi issues.

Regards,

Jaime



To: Ramsey Su who wrote (7062)2/26/1999 11:48:00 AM
From: j g cordes  Respond to of 99985
 
Not a guru.. more guro

Wednesday
exchange2000.com
Thursday
exchange2000.com

If your an FA then why would you want to play the close?



To: Ramsey Su who wrote (7062)2/26/1999 1:03:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 99985
 
Ramsy,

>>Anyone want to guess which direction are we moving at close today?

Down.

I think we will see SPX 1210 today, but close above today's low.

ATG