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

To: HairBall who wrote (7486)	3/4/1999 11:04:00 AM
From: donald sew	Read Replies (3) \| Respond to of 99985

LARRY, >>>>> Well, I have not played "CHEST" in a number of years <<<<< Sorry, but that sounds like a personal problem that everyone here may not want to hear, unless you are related to MONICA. gggggggggggggg I just had to rib you on that one. seeya

To: HairBall who wrote (7486)	3/4/1999 8:27:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 99985

I use your charts as adding MAs to mine make them too cluttered and it is easier to check yours than add them to mine only to remove them again when I am done. Just thought I would let you know. I haven't even put a dent in today's posting so I may be repeating what has already been said but... I didn't see many sectors up or for that matter, many stocks up versus flat to down. Looked like oil, software and retail were carrying the day along with a few banks. The BKX is nearing resistance and with all the touting going on by the analysts I expect a selloff in that sector soon though I have no trigger signals yet. Breadth was poor and new lows were still in the 80s. My DOW fork doesn't have much head room left either. On the bullish side I received a few buy signals today for the first time in a while. One of them looks fairly good but I am afraid to go long over the weekend in case of a Monday slaughter. The stochastics also favor more upside than down although stochastics can stay in oversold territory for eons without a bounce and they still have some room to move down. I still haven't run all my scans or run through the charts all the way yet so this an early impression from just my early end of day checks. Could today's bounce been fabricated in case of a heavy selling day tomorrow to lesson the affect on J6P for the weekend? We could now sell off about 200 points tomorrow without it looking too bad in the weekend paper. Nahhh they wouldn't do that. <g> Good Luck, Lee