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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (38379)3/13/1999 8:34:00 PM
From: Vitas  Read Replies (1) | Respond to of 94695
 
And you have one of those triple whammy declining mcclellan
oscillator formations in the NAZ - failure at zero to boot -

decisionpoint.com

new low on the NAZ a-d line

come to mommah

Vitas



To: bobby beara who wrote (38379)3/13/1999 10:43:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
>> without techs this market is a dead duck. <<

Yup. Even the financials can't carry this dog. We may get our 10,000, but once people get done celebrating they are going to have a serious hangover that alka-seltzer won't be able to cure ...

Bull ridahs and indexers better be nimble ... ho ho ho ...



To: bobby beara who wrote (38379)3/14/1999 8:31:00 PM
From: Moominoid  Respond to of 94695
 
Microsoft could be setting up for a double top? It was down but off its lows.

iqc.com

David, several bellweather techs reversed hard on Friday and closed on their lows.

DELL does look in trouble:

iqc.com

But it looked that way at the end of December too.

CSCO looks somewhere between those two:

iqc.com

On the other hand (OTTH?), INTC looks bullish to me:

iqc.com

(though the weekly chart doesn't look as good).

MSFT's weekly chart looks like a repeat of last year coming up:

iqc.com

So my best guess is that we'll see new highs on DJIA and SPX simultaneously with a double top on NASDAQ.

iqc.com
iqc.com

BTW XLK is just about even with early Jan, though it's been higher in between.

BWDIK

David

PS BTW our market is pushing ahead again this morning (Eastern Australian Daylight Saving Time) closing in towards 3000. Globex up too.