Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gersh Avery who wrote (10680)	4/12/1999 2:05:00 PM
From: donald sew	Read Replies (1) \| Respond to of 99985

Just updated the INDEX UPDATE again at 2:00pm. Kidding aside, I have turned somewhat bullish. seeya

To: Gersh Avery who wrote (10680)	4/12/1999 2:30:00 PM
From: donald sew	Respond to of 99985

Gersh, Although I have turned somewhat bullish, I cannot ignore the possibility that this runup is not a reaction to last minute IRA contributions. If that is the cause of this ralley then it could also be skewing the market internals. My position right now is that since I have a CLASS 1 SELL signal with the BUY-IN window from today until tomorrow's highs, I feel that the dip should be small and a buying opportunity purely from my technicals. However, I will not go long yet since I need to see what happens after APRIL 15 in case this rally was caused by last minute IRA contributions, so for my trading account I will sit on the sidelines and ignore my technical reads which have turned bullish. Seeya