SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (8692)3/22/1999 3:32:00 PM
From: donald sew  Respond to of 99985
 
LG,

>>>> Maybe his dog has his head in a plastic bag again...<<<<<

Now you got me laughing. For those who dont know the story - My dog, a border collie, always gets into the garbage even when there is a lid on. About once a week he finds a potato chip bag with crumbs in it and submerges his snout deep into the bag. Then he runs around the house with the bag over his snout. When he gets within my sight he then stares at me with a funny look as if he was saying - NOW WHAT DID I DO WRONG???? ggggggg Probably the same look the overly bullish analysts will give, if this market pulls back hard, whenever that is. gggggggg

Back to the market. The market internals are actually getting worse. The new lows are already at 100, and about 2.5 times greater than the new highs. The NAZ is selling off some. Could be a setup for a strong DAY 3 selling. Just have to wait and see.

To confirm this downswing the DOW needs to get below 9850 in 1/2 days, otherwise we could see another pop to the upside.

seeya