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


To: Hawkmoon who wrote (7593)3/5/1999 11:21:00 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Ron Reece and All: Hacker attack on US military computers...traced back through Russia, but may just be routed through Russia.

Regards,
LG



To: Hawkmoon who wrote (7593)3/5/1999 11:25:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Ron,

I previously mentioned that per my short-term technicals we could see a short-term top MON/TUE, but there is a chance that we could see some selling later in the day.

That doesnt mean that in the mid-term we wont head higher, but it will give an opportunity to buy another dip, if the market internals continue to improve.

But if the market internals return to its negative ways then we are back to range trading with the range shifting higher.

Lets see how bad the NEW HIGHs/LOWs get on the forthcoming dip, so we still have time to make a decision to go long. I think it would be a bit early to initiate a new long position right now with the DOW up 200 - Im waiting for the forthcoming dip to make my decision, but for the time being, as long as the market internals stay good Im going long.

Seeya




To: Hawkmoon who wrote (7593)3/5/1999 5:57:00 PM
From: KM  Respond to of 99985
 
<<SOES/Instinet systems we down for several hours. Back up and running now so we may see some more upside>> That blackout in those systems created an incredible trading opportunity in some of the high momentum internet stocks. You could buy all the CNET you wanted, for instance, between 143-144 using Island because SOES, ARCA and SNET were down. The minute they came back up, that stock took off and never looked back. Ended the day up 28ish.