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

To: bobby beara who wrote (7583)	3/5/1999 10:37:00 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 99985

Glad to know you folks can reverse your negative analysis when the trend shifts 180 degrees. I was almost afraid I was trapped in a Bear Den. But then again, I was seeing too much bearishness, and being the argumentative contrarian that I am, I sensed that some shorts were going to get squeezed.... <vbg> The analysis I'm seeing out here is superb. You don't have to be right to do superb analysis, IMO. Just flexible enough to adjust to events. For all you do, this Buds for you...:0) Regards, Ron

To: bobby beara who wrote (7583)	3/5/1999 10:39:00 AM
From: donald sew	Respond to of 99985

Bobby, It appears that way with the NEW HIGHs/LOWs improving quickly. Some sort of pullback should come next week, and Im calling a short-term TOP around MON/TUE. If the market internals continue to improve then the forthcoming pullback would probably be small and a opportunity to go long. Yeah, if the market internals continue to improve I will turn bullish for the mid-term(30 days). seeya

To: bobby beara who wrote (7583)	3/5/1999 10:58:00 AM
From: StockOperator	Read Replies (1) \| Respond to of 99985

bb The NAZ has a pretty sizeable gap intraday, which like yesterday, may be filled. However, I believe the move we are seeing will ultimately take us to new highs. The market will no doubt back and fill from here. The low this week for the DOW is 9163. A possible two hundred point gain today will take us well above 9600. So the market will have to retrace some of this week's gain. That retracement low will tell us much about the velocity of this next leg up in the bull market. MDA could get a lot easier with a new trend developing. Good trading. SO