Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (9043)	3/24/1999 3:38:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 99985

OT (that is ON TOPIC <G>) I've got 3 charts on market directions that I think you guys would like to see. They are under 300k each. Since I have not set up my web page yet, they need a temporary home. Do I hear any volunteers for the job? Sun Tzu

To: HairBall who wrote (9043)	3/24/1999 3:55:00 PM
From: donald sew	Read Replies (1) \| Respond to of 99985

LG, Heres a subjective analogy. Since I only got a CLASS 2 SELL signal, I am only expecting a limpy bounce in light the immediate negativity. Something like pulling the rubberband not to its limits, so the opposite directional force wont be that strong either. During a strong bullish trend, it is common for a strong upward reversal to start from only a CLASS 2 BUY signal, but this aint a strong bullish trend when the the NEW HIGHs are only 15 now and the NEW LOWs are still over 100 at 117. Boy, it doesnt look like the new HIGHs will even improve a little over yesterday, in light of the dow being down 200+ points and today flat. The NEW LOWs did improve some. seeya seeya

To: HairBall who wrote (9043)	3/24/1999 6:37:00 PM
From: donald sew	Read Replies (3) \| Respond to of 99985

Larry and all, I normally dont discuss individual stocks, but I would like to mention ALD(ALLIED SIGNAL) which is one of the remaining DOW 30 stocks which is still up at its highs. Take a look at the number of FILINGs TO SELL; it appears high. biz.yahoo.com I believe there is approximately 55-56 million outstanding shares. I am not a fundamentalist, but it appears that some firms are getting ready to sell this baby. Would appreciate comments since I am far from an expert in reading insiders sells. Seeya