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: StockOperator who wrote (9872)	4/5/1999 4:00:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 99985

I have not been liking what I see on the intraday charts. A last ditch attempt at breakouts that apparently have failed. DJTA pulled back, and its late in the day. I see the other indices are following suite. Maybe the MOC orders will pop the indices. But I would not see this as significant. But then the position traders will see another DJIA close above 10000 which is validated by the NASDAQ. The S&P 500 is close to follow. There may be additional buying after a possible pullback. What do you think? Like I said before, I am relatively new to this intraday game. Bob Graham