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


To: donald sew who wrote (7330)3/2/1999 11:57:00 AM
From: Stoctrash  Read Replies (1) | Respond to of 99985
 
Don,

Is that a bear I smell in your camp?
Welcome aboard...heee heeee!!!

My stuff is waving a caution flag.
ST we could bottom....medium term looking not so good for the bulls.

Realtive weakness by the NDX & Naz vs the SPX is a danger sign.



To: donald sew who wrote (7330)3/2/1999 12:10:00 PM
From: Les H  Respond to of 99985
 
With employment/unemployment report coming out Friday, wouldn't be surprised to see leaks or leaks of leaks about the numbers to be released to drive the market back down at least temporarily...



To: donald sew who wrote (7330)3/2/1999 1:13:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
Donald; I concur , at least so far the rally seems to be on light
volume, with smaller caps trying to make the turn up ahead of
the bigger ones, that seldom works.
jim



To: donald sew who wrote (7330)3/2/1999 3:08:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
>>>This upmove in the TRANSPORTS and the FINANCIALs yesterdays is their last attempts to keep the market up a little longer so they can dump more.<<<<

Donald, I saw Joe Granville today, he used my Custer's Last Stand analogy, the Generals are fighting the last battle, the troops have already been taken out and the a/d line is targeting a Dow retest of 7400.

Looks like the SPX will close down today after the fakeout. If so, this registers five consecutive down days, a Titanic confirming indicator.

bb