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


To: donald sew who wrote (7582)3/5/1999 10:37:00 AM
From: Daflye  Read Replies (1) | Respond to of 99985
 
Donald,
VIX is resting right around 26ish, TRIN is rising up to meet 13ema on a 5 min chart, we might get that pullback today. Like in the next few minutes.
If levels hold I'll be a little more bullish too. I did exit those puts yesterday for a little profit, whew, they were decimated by todays move up.
Up volume on the NYSE is swamping down, almost 6.5 to 1 on the NYSE, 5 to 1 on the NAZ. But A/d lines have softened slightly from the first 1/2 hr of trading.
D
edit: shades of June/July 98?????



To: donald sew who wrote (7582)3/5/1999 10:42:00 AM
From: Challo Jeregy  Respond to of 99985
 
Donald, re NAZ - just heard - problems with electronic trading systems-

That's why it's not as high - ratio w/dji. Quotes are correct but program trading not going on right now.

Boy, bet they're bummed! <ggg>