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

To: Daflye who wrote (10651)	4/12/1999 11:23:00 AM
From: Stephen	Respond to of 99985

Daflye, my reading of the intradays was that the sellers were waiting for the 'buy the dippers' before starting to unload. Since then there has not been any follow-thru on the sell side and the intradays have improved - though they still look too one sided for me. I still expect the roller-coaster ride to continue - and its all up for grabs at the moment - but it still has a negative bias imho and this looks like a trading rally that will fizzle by end of day. Interesting !! Stephen

To: Daflye who wrote (10651)	4/14/1999 11:22:00 AM
From: Daflye	Read Replies (1) \| Respond to of 99985

Anybody else looking at the volume on the NAZ????? Over 500 mil already. Yikes, if yesterday was 1.3 bil, today could be 1.5 bil. VIX is testing 25, has been in an uptrend since the 5th. If there is some extraneous event that triggers a selloff it's gonna get nasty. I don't think the online brokers are as ready as they say to handle a 2bil share day on the NAZ, which is what we will get if things get heavy. Definetly interesting. Could be a great buying opp, gasp, I'm gonna buy the dip. heh heh heh