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


To: donald sew who wrote (10126)4/7/1999 11:03:00 AM
From: Daflye  Respond to of 99985
 
Naz filled the gap open and has kept going, weird, volume today is going to be heavy, TRIN has just moved up big, A/D line starting to turn. New lows catching up to Highs.
Somebody look at the time and sales on EMC, as an example, of the big block sales(5000+) going off between (relatively small) buys. somebody is gettin' out.
Going climbing, I can't watch anymore. heh heh heh
D



To: donald sew who wrote (10126)4/7/1999 12:03:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
donald: The Market is mixing up the signals nicely, as it often does at major breakouts and reversals...<g>

The divergence between chart formations, trend lines, under lying (internal) technicals and various indicators such as MACD and Stochastic and Directional Movement Indicators can cause much frustration at times like this.

That's when the talent of the individual's interpretation comes into play...like playing a fine "guitar"....<g>

Can all these divergences be satisfied, often not, but in a whip sawing Market...the deed could get done....

Regards,
LG



To: donald sew who wrote (10126)4/7/1999 12:15:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 99985
 
Don-
Thrown in the towel on being bearish?Is that what you're saying?

Thanks....

GD



To: donald sew who wrote (10126)4/7/1999 1:14:00 PM
From: Gersh Avery  Read Replies (2) | Respond to of 99985
 
Hi don

New indicator is at it's low for the day right now.

Gersh