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


To: donald sew who wrote (10110)4/7/1999 9:33:00 AM
From: HairBall  Respond to of 99985
 
donald: The TYX.X seems to be moderating this AM, so far. Both the DJI and TRAN have bullish formations that have run all the way to the apex. They will resolve today....and looking at Globex, it seems they will resolve to the norm, which is up.

The SPX (although I consider it a trailing index made up of elements from both the NYA and COMPX) is up against a long-term resistance line. (dark green) A important area to watch.

The COMPX is in clean air.

The UTIL has remained below its support/resistance line.

All the charts I am referring to can be see at:

homestead.com

BWDIK
Regards,
LG



To: donald sew who wrote (10110)4/7/1999 9:54:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 99985
 
<<I have now turned EXTREMELY BULLISH!!!!!! >>

AAAARRRRGGGGG .....

Aspirin .. wheres the aspirin ....

OK .. hearts goin' back into place .. now read the rest of the post...

<<Just kidding>>

OK .. got me <g>

"Whhooo weeee boy .. feel that rush? Hey does your left arm get all tingly like mine always does?"

Gersh



To: donald sew who wrote (10110)4/7/1999 10:08:00 AM
From: bobby beara  Respond to of 99985
 
Donald, I have turned extremely bullish also -g-

April Fools -g-

I believe the final leg up on AOL began on 4/1 -g-

iqc.com

It looks like yesterday mornings high was the top of 3, so we should make a new high today.

The RUT is trying to break it's December and March right shoulders high but it's backing off right now and a couple of points away.

Murphy.com just turned bullish on a DOW breakout to 10,500 after being bearish, based on the breakout in the nasdaq.

This is what is needed a few bears to switch sides (trap -g-)

bb