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

To: donald sew who wrote (7481)	3/4/1999 10:44:00 AM
From: HairBall	Read Replies (2) \| Respond to of 99985

donald: Well, I have not played chest in a number of years, but I would say the Market is behaving pretty much as expected. Checkers is more my style...<g> My intraday technicals were signaling a pop today, just as they are now signaling the possibility that an intraday top is in, at the least a pause. As, my intraday technicals are new and not well proven I am reluctant to publish the signals. And, I get little feed back regarding the published end of day charts, so I am not sure they are assisting/helping much. I may stop publishing them daily. BWDIK Regards, LG

To: donald sew who wrote (7481)	3/4/1999 1:13:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Donald, IBM gapped to it's downtrendline and followed thru. If we hold that line and the economic numbers don't spook the market, i believe we will head higher into April. Merrill Lynch is breakout of it's base at 80 today. I believe the decision is being made to take it higher. shahar.nets.com:2000/nasdaq.gif the head and shoulders pattern turned enough bulls bearish to set a bottom. Stan Erhlich who in January was calling for Dow 11,400 based on the pattern became worriedly bearish at the H&S on the Nasdaq. bb