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

To: yard_man who wrote (7963)3/10/1999 11:33:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 99985
 
Tip-
I'm reading all the same posts you are but my charts don't see a huge bull run ahead.They don't see a crash but the NDX and SPX are at critical points here.Right at resistance on both of them...There is a big question mark still...Not saying we won't go to 10k--just cautious......I've bought some puts the last 2 days and been long some quck trades.......

April puts on IBM and SANM.....

B*



To: yard_man who wrote (7963)3/11/1999 8:10:00 AM
From: donald sew  Respond to of 99985
 
Tippet,

This change in leadership, like DD acting like an internet stock is just a sign of a topping process, not to say the market cant go higher.

As for rotation into the oils, that is not a good sign for the market because if CRUDE price continues to climb, thats not good for low infationary pressures.

seeya


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