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

To: Jerry Olson who wrote (8761)	3/23/1999 8:56:00 AM
From: coug	Read Replies (1) \| Respond to of 99985

OJ, I'm almost in your camp.. If we get, some positive U/D volume numbers, early and they hold for the day.. We are off and running... UP IMO.. I thought we might get it yesterday.. but people were still working off the triple witch hangover.. Turn around Tuesday?? Up?? Good luck.. Coug

To: Jerry Olson who wrote (8761)	3/23/1999 9:11:00 AM
From: dclapp	Read Replies (1) \| Respond to of 99985

I accidentally woke up this morning in a different quantum universe. Unfortunately, it wasn't the universe where I pitch for the Yankees. Instead, it was a universe where the markets weren't "indexed" -- just a bunch of stocks. In this universe, the AD line served the purposes that the DJIA and other indexes serve in other universes: it gets reported in the papers (when the market is mentioned at all, that is), it's what stock market articles discuss (though the market is rarely discussed). I turned on CNBC, a small cable channel with so few watchers that it barely hangs on (and will be probably be axed for lack of viewership one of these days). The anchors aren't good looking -- or even very "good," for that matter. They can't afford much in talent, you know. As always the mood was dour. The topic was the AD line, of course. In another attempt at bullishness (a daily and failed occurrence on CNBC), an anchor was saying to a guest: "Yes, I know, but aren't <<some>> stocks going up??" Guest: "Well sure, Jerry, a few stocks always go up. But until <<most>> stocks go up, you can't expect the American Public to seriously consider investing in the stock market! Why should they??" Host: "Well, sure, um, I guess that's right." Guest: "Look...it's very simple. If the odds are such that, when you invest, you'll lose money, why would you do it? After all, how many people are smart enough to pick the few stocks that do go up? And if enough people <<could>> do that, those stocks would soon become terribly overvalued, which would make them an increasingly risky investment. So it's obvious why people choose bonds, real estate, and other safer investments." Host: "Well, sure, um, I guess that's right. But do you foresee a time when many people in the U.S. <<will>> choose to invest in the market?" Guest (laughing): "Oh sure. About the time that Advanced Calculus replaces Cricket as the National Sport!!" doug

To: Jerry Olson who wrote (8761)	3/23/1999 9:37:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

good luck, -ggg- your my favorite contrary indicator, i remember you posting bearishness on the dell thread when Dell had the big sell-off and THAT was a buying opportunity and a multi week low -g- at the same time you did that at the market gems thread and that was a signifcant nutz bottom. keep me informed, i like emotional people to point me the way -g-

To: Jerry Olson who wrote (8761)	3/23/1999 6:24:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

Analysis of end of Day Closing prices and recommendations in Rubins Tulips Market - We are forming H&S on small stocks This is the most effective list, but validate signals. Results are relative to the SPX and move relative to the SPX - Haim see more at bway.net Today is 03/23/99 Remember this is a computer scan only S&P Closed 1262.14 S&P Change -34.870 Recomandation Price Stoch. RSI RSI RS Change ROC% SELL SIGNAL ON ARC 63.000 86.823 60 -4 -19 SELL SIGNAL ON BDK 52.188 82.432 56 -8 -35 BUY SIGNAL ON BMCS 33.188 11.050 33 2 9 SELL SIGNAL ON DE 37.312 89.434 66 -4 -31 BUY SIGNAL ON GYMB 7.469 11.786 32 1 33 SELL SIGNAL ON HAS 27.875 84.000 58 -7 -112 SELL SIGNAL ON IP 45.250 82.353 61 -8 -47 SELL SIGNAL ON JNJ 90.250 85.533 59 -7 -1949 SELL SIGNAL ON SIGM 7.312 79.767 59 -4 -7 SELL SIGNAL ON TRF 11.500 80.000 56 -14 -2 SELL SIGNAL ON TX 55.000 84.083 59 -5 -16 SELL SIGNAL ON MRK 83.000 76.000 54 -14 0 SELL SIGNAL ON DSP 15.438 81.481 50 -5 -37 SELL SIGNAL ON GLM 10.812 88.439 63 -8 -17 SELL SIGNAL ON JBL 38.375 83.333 54 -11 -7 SELL SIGNAL ON BPA 97.562 80.913 63 -6 -157