SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (7444)3/3/1999 8:17:00 PM
From: stockycd  Read Replies (2) | Respond to of 99985
 
All,

Just looking over my charts and making some notes.

1. DOW-Lower. A retest of 9102 is still very possible. No sign today of a bottom or turnaround.

2. BKX-Deterioration. Think this will help weaken the overall market.

3. Transports-Rally short lived, almost negated today. It's still slightly overbought.

4. SOX-Narrow strength today. 60 min charts are suggesting selling any rally. 15 min charts suggesting tomorrows high could be short term top and could be a repeat of Tuesday (3/2/99).

5. SPX- Got dangerously close to support (intraday). A possible cautious bottoming candle today. Any break below 1212 tomorrow will be deadly! Neutral on SPX.

6. TYX continues higher.

Chris



To: Lee Lichterman III who wrote (7444)3/3/1999 9:03:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Not so -g-
Message 4974564
Message 4846618

then later in the summer i got like this -g-
Message 5244758

We retested near the bottom of the spx trading range today and failed to take out tech support. Look at stocks like INTC and COMS absolutely sold out.

bb



To: Lee Lichterman III who wrote (7444)3/5/1999 9:26:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
>>>>bb - You remember what happened the last time you got bullish last summer? We dropped about 600 points on the DOW as I remember. Get bullish bb, get bullish... I love it when you talk dirty <ggg><<<

Lee,

Dow up 525 points in two days since that post -g-

it was that sphincter guy, he changed his name and cratered the a/d line then Vitas went bearish and slammationed the beaars, then went off the have his meal of chopped liver.

bb