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

To: HairBall who wrote (8625)	3/21/1999 9:06:00 PM
From: Gersh Avery	Respond to of 99985

Data for Monday rough OEX equivalents: Large fork tines: Upper : 1307.2 (7.91) 654.07 (3.96) Mid : 1242.26 (-57.03) 621.58 (-28.53) Lower : 1184.15 (-115.14) 592.5 (-57.61) Small fork tines: Upper : 1331.56 (32.27) 666.26 (16.15) Mid : 1299.33 (0.04) 650.13 (0.02) Lower : 1267.09 (-32.2) 634 (-16.11) Globex opening trigger values: Buy trigger : 507 (1314.57) Sell trigger : -5 (1309.45) Prem values for the day: buy trigger 15.28 fair value 12.46 sell trigger 10.16 Gersh

To: HairBall who wrote (8625)	3/22/1999 5:06:00 AM
From: Philipp	Respond to of 99985

Hi LG: Congratulations on your thread! It was great reading over the weekend. To add my vote: I think that we are due for a 10 - 15 % dip-like correction within the next month before the Dow breaks 10k decisively. It is difficult to see anything more severe than that. Overall sentiment is far too bullish, money is waiting on the side lines to buy the next dip and the general view on the world economy is far too rosy (Japan, Russia, Brazil on the mend? [hardly, but that's the perception anyway...]). To burst the bubble requires a major shock to the system. Having said this, I am somewhat surprised about how complacent American investors are about the Balkan situation: there is a threat of a "real" war in Europe! Depending on how Milosevic will react to the NATO bombings later this week, NATO may be forced to employ/use ground forces as soon as within a week. A ground war can hardly be viewed as the high-tech modern computer-game-like war we in the West are getting accustomed to. I don't hope that it will come to this, but it could/would change the picture completely. Good trading. Phil