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


To: HairBall who wrote (8255)3/16/1999 8:57:00 AM
From: Gersh Avery  Respond to of 99985
 
Morning LG ..

TYX.X up this AM.

Globex opening trigger values:

Buy trigger : 450 (1323.7)
Sell trigger : -132 (1317.88)

Prem values for the day:
buy trigger 16.44
fair value 13.8
sell trigger 10.62

Large fork tines:
Upper : 1304.64 (-2.62)
Mid : 1239.7 (-67.56)
Lower : 1181.58 (-125.68)

Small fork tines:
Upper : 1319.67 (12.41)
Mid : 1287.44 (-19.82)
Lower : 1255.21 (-52.05)

Gersh



To: HairBall who wrote (8255)3/16/1999 9:01:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Thanks for the feedback. Don, I have a sell signal on the BKX but don't have a good sell signal on the BIX so not sure if the Bank sector will be a good target or not but the possibility is there. The weaker sectors I mentioned earlier are also giving me sells as of last week but the move has already started so not sure if it is too late or not. I am speaking of the oil Index, paper products index, Gold index etc. Gaming is running up again and is close to signalling but not quite there yet. There are a few strong stocks that have been triggereing sell signals for a while now that you hopefully saw on my site last week. They are still running so far but shouldn't be able to maintain their strength much longer unless there is some secret news causing this that we peons aren't privey too yet. When I send this, I will put them back on my site.

Of course I want to buy one long and you trigger a sell signal on the market. My Luck, <g>

Good Luck,

Lee

Note- Those that have my site address, please do not share it without asking me first. I have been getting slammed by PMs wondering where it went from people I have never seen post before, I don't know etc. I knew that it had leaked but not to this extent. I didn't even know there were that many people on SI. <g> I would hate to have to start moving it on a weekly basis. Anyone that wants specific charts etc, I will be glad to post, e-mail etc but my site is mainly for communicating with some old friends that travel a lot. I have received about 50 PMs and e-mails since the move. Argghhh!