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

To: Stephen who wrote (11406)	4/19/1999 12:19:00 PM
From: HairBall	Respond to of 99985

Stephen: Thanks, but I am just under the weather, no vacation intended...<g> I got a stomach flue or something, spending way to much time in the bathroom today...<g> To All: Still hanging in there...I had to wait for the right timing to exist a couple of long position in Dow Industrials issues. I am out for the day.... I suspect that in the near future, if we see the Dow Indices start to fall (not just pull back) at the same time as the TYX rates fall, the next level of flight to quality may well have begun...I believe this occurred during the Black Monday 87 correction. Rates opened at the high for the day and closed at the low for the day as money fled to quality. This can be seen on my weekly DJI/TYX chart wider view on the MDA Web Site at: homestead.com Don't get be wrong, I am not calling for a Black Monday, just something to keep an eye on. That's it for me today...good trading all! Regards, LG Disclaimer: My posts are my opinions only and I reserve the right to be wrong on occasion. Do not base any investment decision solely on anyone's views or analysis. Do your own research and take responsibility for your own investment decisions.