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

To: uclatrader who wrote (10058)	4/7/1999 5:54:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Shuo, >>>> i doubt we saw a top already internet frenzy is not over yet they still keep going higher in the last 30 mins which is a sign to me that the momentum is still out there <<<<< As I mentioned in my INDEX UPDATE, the INTERNET INDEXS(DOT.X/IIX.X) had CLASS 1 SELL SIGNALs with the BUY-IN at yesterdays highs, but there was no confirmation of a reversal starting yesterday, with the DOT.X closing at its highs. If they do not close flat or down today than this pullback may be small. Obviously, in the same line of thought, if the DOT/IIX are running hard today, then this pullback could be over already. Right now the futures are up significantly at 5.00, and tack on the fair cash value of 3.00 its even higher. Seeya