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


To: Stephen who wrote (9159)3/25/1999 2:52:00 PM
From: KaiserSosze  Respond to of 99985
 
Does anyone else think that just psychologically, tomorrow could be down fairly big (who really wants to hold over the weekend with the potential of a big(ger) mess in Kosovo?)

Just curious,

Kaiser



To: Stephen who wrote (9159)3/26/1999 12:24:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 99985
 
Hi Stephen ..

Nope wasn't there <g>

I work most afternoons and just got caught up on my reading..

Yep .. the trin stayed well below 1 all day long but seemed to range
trade between .6 and .7. Tick was over the zero line most of the day
and the spoos didn't seem to have much direction for the entire day.

Looks like the spoo traders just might move us lower ~ 11AM .. don't
know how long that will last ..

Data for the morning:

rough OEX equivalents:
Large fork tines:
Upper : 1309.76 (19.77) 657.46 (9.93)
Mid : 1244.83 (-45.16) 624.86 (-22.67)
Lower : 1186.71 (-103.28) 595.69 (-51.84)

Small fork tines:
Upper : 1315.99 (26) 660.58 (13.05)
Mid : 1269.91 (-20.08) 637.45 (-10.08)
Lower : 1223.83 (-66.16) 614.32 (-33.21)

Note that the globex could be below zero at the open and
still be in buy program area:

Globex opening trigger values:
Buy trigger : -53 (1303.47)
Sell trigger : -499 (1299.01)

Prem values for the day:
buy trigger 13.48
fair value 11.25
sell trigger 9.02