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

To: HairBall who wrote (10440)	4/9/1999 3:13:00 PM
From: Compadre	Read Replies (1) \| Respond to of 99985

LG: I wonder how the rate cuts in Europe affect the interest rate in the US. Do you or anybody else have some thoughts on this. Regards, Jaime

To: HairBall who wrote (10440)	4/9/1999 3:48:00 PM
From: donald sew	Respond to of 99985

Larry, >>>> The TYX.X has been struggling up today. Which is bearish for the Markets. Now that it has stopped trading, the after 3pm EST rally/spike begins...this always gives me pause..."big boys" at work...<g> Note: The TYX.X closed upbove the suport line of 54.39 at 54.52<<<< The TYX.X gave a WHITE SPINNING TOP. When that type of formation arrives during a downswing, is a pretty good hint that it will reverse to the upside. Now combine that WHITE SPINNING TOP with the previous day candle, and it becomes a BULLISH HARAMI which is a common, but only a fair reversal signal. Its not a perfect Harami since todays lower shadow is not totally within the body of the previous day. Seeya