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

To: pater tenebrarum who wrote (11383)4/19/1999 9:32:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Heinz,

As mentioned in my INDEX UPDATE I have a CLASS 2 BUY on the XCI(computers) with the buy-in window from today to till tomorrow's lows(in case it morphs into a CLASS 1, so I agree that the HiTECHs should move up some soon. What we need to watch is whether the HiTechs move up at the expense of the DOW or other sectors.

Seeya



To: pater tenebrarum who wrote (11383)4/19/1999 9:50:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Heinz,

Its still early in the morning, but it looks like the DOT.X is the index which is now lagging the rest of the market. It gapped up
to 678 and has already sold off to the 660 range.

The NAZ is lagging also and still in the positive territory, but has already sold off the majority of this mornings gains.

so for now the DOW is still moving up at the expense of the HiTECHs

seeya


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