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


To: StockOperator who wrote (10976)4/14/1999 4:18:00 PM
From: Daflye  Read Replies (1) | Respond to of 99985
 
Didn't get my 1.5 bil on the Naz, looks to be closing out around 1.4 bil. This probably a shakeout. I've been eyeballing EMC, as an example, all week and last, sneaky distribution, big time.
As has been the bizzarro pattern of late, market internals are actually better on these down days, than on most of the big up days that we had all month.

VIX, while trending up since the 4/5ish, is still in a medium term downtrend since 1/15ish (Brazilian deval fiasco), but all in all VIX has had a steady uptrend for the last 3 years. But I guess that's to be expected as more nimrods like me sit around in their underwear playing this video game called the stock market. heh heh heh

decisionpoint.com

Freaky. Shakeout or blow-off top?????????????????????????????????????

Heinz B, this seems to fit the blow-off top pattern you outlined.

D