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

To: donald sew who wrote (9490)	3/30/1999 11:57:00 AM
From: Stephen	Respond to of 99985

Well .... I guess the market will rally off anything ... this Kosovo news is a non-event as it is far from being anything like acceptable and is what NATO feared as it compromises their position without providing the solution. They won't accept it .... its just posturing ... Stephen

To: donald sew who wrote (9490)	3/30/1999 12:05:00 PM
From: Daflye	Read Replies (1) \| Respond to of 99985

Internally the NAZ is a little stronger, barely. VIX is dropping, I closed out my putz early today as well, looking to buy em back. Waterhouse webbroker had a system wide "glitch" today, still can't trade though it. This is how it will start. One day soon all the major online brokers will go down at once. I have a bad feeling about this week and next. -Contrarian alert- heh heh heh On a weekly SPX chart going back to April 96 there is a correction trendline, I think BB or Vitas mentioned it weeks ago on the BK thread, connect the lows from 4/96, 4 /97, 10/97, 1/98, 9-10/98. Every good correction has brought the SPX down to this line. It is around 1150 on the SPX now, around April 6-9 it should be about 1165-1170. On a weekly chart the current uptrend has clearly reversed, but still allows for a retest of the highs before further downside, ala 10/97. Taken from.... Message 8497531 Cheers, D