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


To: Gersh Avery who wrote (8497)3/19/1999 11:41:00 AM
From: HairBall  Respond to of 99985
 
Gersh: I got to believe the "big boys" want a close above 10K today or there would have been more downside reaction to the rising TYX.X.
As always...Time reveals all...<g>

Regards,
LG



To: Gersh Avery who wrote (8497)3/19/1999 11:45:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Whew! I thought you were going to say we just hit an iceberg...



To: Gersh Avery who wrote (8497)3/19/1999 11:50:00 AM
From: HairBall  Respond to of 99985
 
Gersh: Well, it the TYX.X keeps moving up, it is going to be very hard to close the DJI above 10K...

Whoops, dropped below as I type!

Regards,
LG



To: Gersh Avery who wrote (8497)3/19/1999 11:51:00 AM
From: Ramsey Su  Read Replies (2) | Respond to of 99985
 
Message 8406004

Gersh,

you win guru of the day award.

Ramsey



To: Gersh Avery who wrote (8497)3/19/1999 11:59:00 AM
From: S. Chiang  Read Replies (1) | Respond to of 99985
 
<< downward movement picking up speed. >>

This may be the reason:

11:30 ET Dow +21, Nasdaq -4, S&P +0.02: Not much change as the market seems to be settling into its familiar trading pattern as of late where it makes a decisive move at the open, sees the prevailing trend lose momentum, and then settles into a narrow range for a good portion of the day... 30-yr bond -14/32 at 5.52% is at its lows for the day amid rumors that Clinton will announce Rubin's resignation at his press conference this afternoon... SOX -2.25... XOI -0.98.

SC