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


To: HairBall who wrote (10104)4/7/1999 8:29:00 AM
From: Ramsey Su  Respond to of 99985
 
LG,

a few days ago, you solicited for someone to contribute to the FA side of the MDA website. I do feel that it will round up the strongly TA weighted analysis. However, I think the FA side is a lot more time consuming to keep up vs TA. May be you can split it up into different components.

As an example, I was thinking about how much attention had been paid to interest rates and inflation. Has anyone purchased gas recently? Is there any chance that inflation will not go up with 20+% increase in one of the key components? In theory, inflation would make the Fed tighten rates. In reality, if "inflation" is due to higher commodity prices, the Fed should ease. So how would the market react to these upcoming numbers?

Ramsey




To: HairBall who wrote (10104)4/7/1999 9:33:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
To all,

Forgot to mention in my INDEX UPDATE, that since the DOW sold off about 110 off its intraday highs yesterday, such fullfilled the absolute minimum requirements of my CLASS SIGNAL which is 75 DOW points. The common minimum is in the 150-250 range.

If the DOW surpasses yesterdays highs around 10,025 then that would mean that the down cycle which started yesterday is over. Such a small pullback from my CLASS SIGNAL would also imply that the DOW could be heading up higher.

Emotionally, it is hard not to become bullish if 10,025 is broken to the upside, and in light of this manic momentum. Personally, I have JUNE and JULY PUTs, and I may be a bit concerned with APRIL PUTs, not that we wont pull back in APRIL but that expiration is in 7 days, and a pullback before expiration may be a little too late.

Seeya