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


To: dennis michael patterson who wrote (11802)4/22/1999 1:57:00 PM
From: donald sew  Read Replies (3) | Respond to of 99985
 
Heinz,

Not that I put all my chips in one indicator, but I would like to hear from HEINZ as to how the PUT:CALL ratios are doing. There may be an early start, by about 1 week. Dont know yet.

Realisticly, plus or minus calling an important top is still within reason. I still believe we got the beginning of the topping process, but now it needs to be confirmed and get the later part of the TOPPING process.

Dennis, on the positive side if this pullback is deep, there is a good chance that the rebound will be really good and a great buying
opportunity, interest rates and other factors permitting.

I believe most of the important earnings will be over by the end of this week - not too many more IBMs to boost the market up?

seeya