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

To: James F. Hopkins who wrote (11843)	4/23/1999 2:34:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Jim, I just went there and the link was working fine. Don - Your Index update was still showing the one from during the market, I believe you had posted you did another one which is not showing. I just updated my candle page - Nothing too major but the computer scan did kick out a lot of patterns on the NASDAQ. Now my reads... DRG, CWX and HCX are bouncing hard off thier oversold conditions, other sector charts not too much going on other than in the GAX gaming index. We just had a tweezer top formation coinciding with a class 2 sell that came after a class 1 sell yesterday. Don't expect too much downside but probably another 10 points. I mostly track tech stocks and I was shocked at the number of hanging man, stars, spinning tops etc in the charts tonight. These formations are not fool proof but considering that the indexes all closed at or near their highs today, this should not have occured and not in these numbers. I think there is ample evidence here that all is not well in tech land like the talking heads are saying on the tube tonight. Don's call for a dip by Monday should be a good one even though my midterm indicators are showing more upside. Also my OEX chart is showing us approaching the top tine of the fork. This should limit further upside in those issues. The SPX broke above the downward fork I had put in in case the old mid term fork was violated. Therefore, I am still using the old mid term fork since it did contain the dip and appears to be still valid. I am busy again tomorrow so I closed out all positions but one and will hopefully get some time next week to play. I only post this because looking through my posts I did an uncharacteristic thing a couple days ago in actually naming some plays on here that I usually don't do. Just don't want to get blamed for any losses. My SUNW calls are now closed and the MMM puts will be closed in the AM. (Remember per my other site, I only look for about 5 points on my plays) Good Luck, Lee

To: James F. Hopkins who wrote (11843)	4/23/1999 3:07:00 AM
From: yu	Read Replies (1) \| Respond to of 99985

James, Do you think in a bear market, larger CAP SPY could go down more than MDY? As of now, most in MDY had been beaten up pretty bad already. What do you think? yu

To: James F. Hopkins who wrote (11843)	4/23/1999 6:56:00 AM
From: Haim R. Branisteanu	Respond to of 99985

Analysis of end of Day Closing prices and recommendations in Rubins Tulips Market - With Crude Oil over $18 Reversal ?? This is the most effective list, but validate signals. Results are relative to the SPX and move relative to the SPX - Haim from Mediteranian shores bway.net is not updated Today is 04/22/99 Remember this is a computer scan only S&P Closed 1358.83 S&P Change 22.710 Recomandation Price Stoch. RSI RSI RS Change ROC% SELL SIGNAL ON AS 5.250 81.667 60 -11 -9 SELL SIGNAL ON BKB 49.938 86.882 65 -5 -346 SELL SIGNAL ON CRUS 7.781 82.895 56 -8 -16 SELL SIGNAL ON EK 73.250 83.850 69 -5 -11 SELL SIGNAL ON HMT 12.938 84.167 67 1 -10 BUY SIGNAL ON LLY 75.375 20.104 34 0 49 SELL SIGNAL ON OXHP 17.250 80.894 53 -1 -5 BUY SIGNAL ON SGI 12.188 8.955 38 -1 185 SELL SIGNAL ON ELBTF 6.125 76.256 65 -6 -8 BUY SIGNAL ON MRK 77.875 29.103 46 5 16 CURR PREV CURR STOCH TICKER NAME CLOSE CLOSE Vol % %K %D RSI ------------------------ ------- ------- ------- ------- ------- ------- ADBE ADBE 61.812 59.750 146.965% 89.691 85.570 70.827 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE AF AF 11.312 11.188 7.796% 87.736 86.541 79.180 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE AIG AIG 132.938 128.312 165.439% 76.150 65.417 66.732 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE AMR AMR 70.875 69.812 91.375% 84.153 81.692 65.165 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE AS AS 5.250 5.500 69.999% 81.667 85.526 60.667 * STOCH SELL * RSI SELL BDK BDK 54.062 58.500 1037.70% 40.237 57.617 46.275 * VOLUME BREAKOUT 1037.70 PERCENT OVER LAST 30 DAYS BEAM BEAM 14.062 13.312 74.956% 54.688 54.051 66.230 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE BKB BKB 49.938 50.750 55.425% 86.882 88.955 65.745 * STOCH SELL * RSI SELL BMY BMY 68.000 64.250 159.848% 66.187 48.373 59.903 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE CAT CAT 59.812 61.875 65.944% 74.945 78.981 65.592 * RSI SELL CRUS CRUS 7.781 8.250 218.281% 82.895 84.129 56.176 * STOCH SELL CUM CUM 53.125 50.125 262.237% 93.614 94.527 83.114 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE * STOCH SELL DD DD 66.125 68.938 90.864% 76.981 79.610 66.022 * RSI SELL DDS DDS 28.562 28.250 77.451% 92.784 89.175 64.029 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE DOW DOW 112.750 113.688 95.554% 74.042 79.384 68.258 * RSI SELL EGLE EGLE 2.812 2.875 157.199% 80.000 80.933 45.535 * STOCH SELL EK EK 73.250 74.312 87.292% 83.850 84.406 69.111 * STOCH SELL * RSI SELL EMF EMF 13.562 13.188 90.083% 76.786 78.361 78.865 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE FAST FAST 47.500 46.000 188.726% 95.261 93.715 74.847 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE FDX FDX 118.500 110.000 161.033% 95.297 90.682 77.354 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE HMT HMT 12.938 12.812 22.469% 84.167 85.633 67.534 * STOCH SELL HWP HWP 76.625 75.000 183.746% 93.843 88.611 66.859 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE INTU INTU 90.625 83.000 90.044% 29.642 23.756 47.126 * STOCH BUY IP IP 53.312 53.438 135.058% 64.619 70.565 69.555 * RSI SELL JNJ JNJ 102.500 100.750 115.020% 90.534 69.034 66.735 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE KYO KYO 58.500 58.188 41.274% 82.222 82.617 64.449 * STOCH SELL LLY LLY 75.375 76.000 124.094% 20.104 18.495 34.266 * STOCH BUY MAY MAY 41.500 41.312 111.066% 82.635 77.464 63.317 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE MSFT MSFT 84.938 82.000 94.204% 21.467 19.467 47.015 * STOCH BUY MXF MXF 17.250 16.625 71.530% 69.118 71.612 76.505 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE OIL OIL 11.438 11.125 116.021% 73.993 74.801 78.813 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE OXHP OXHP 17.250 17.500 25.021% 80.894 83.702 53.547 * STOCH SELL RAL RAL 29.375 28.625 99.219% 71.053 72.225 62.498 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE RBK RBK 19.125 19.375 195.824% 90.110 89.349 69.694 * RSI SELL RLM RLM 60.250 58.000 85.082% 82.021 79.557 77.376 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE SGI SGI 12.188 12.375 55.892% 8.955 7.736 38.962 * STOCH BUY SLB SLB 63.625 60.375 86.795% 58.233 57.620 62.983 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE TMX TMX 70.875 67.312 99.166% 95.964 95.605 65.118 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE TOY TOY 21.938 20.875 166.885% 85.271 81.611 78.073 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE WFC WFC 42.688 42.438 112.893% 97.784 95.969 70.709 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE WMS WMS 9.938 9.875 74.293% 93.220 92.182 69.861 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE X X 29.750 29.500 140.431% 78.830 79.895 72.866 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE YHOO YHOO 184.000 174.875 83.733% 24.298 21.704 50.822 * STOCH BUY PD PD 64.562 60.000 198.328% 78.968 78.877 78.167 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE PEP PEP 37.000 38.938 459.321% 35.468 30.423 44.109 * VOLUME BREAKOUT 459.321 PERCENT OVER LAST 30 DAYS PFE PFE 128.312 123.375 153.679% 22.202 18.118 43.205 * STOCH BUY PHG PHG 89.625 84.375 307.110% 72.377 66.762 68.870 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE * VOLUME BREAKOUT 307.110 PERCENT OVER LAST 30 DAYS PRST PRST 7.375 7.062 118.857% 23.214 21.444 45.778 * STOCH BUY ELBTF ELBTF 6.125 6.375 72.249% 76.256 77.057 65.926 * RSI SELL MRK MRK 77.875 75.875 121.889% 29.103 23.626 46.078 * STOCH BUY IBM IBM 194.500 171.875 404.035% 54.876 39.501 65.469 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE * VOLUME BREAKOUT 404.035 PERCENT OVER LAST 30 DAYS WDC WDC 7.438 6.625 265.628% 18.391 12.989 41.478 * STOCH BUY * RSI BUY KOR KOR 23.062 22.812 31.048% 92.632 88.162 70.418 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE FLH FLH 9.938 9.625 118.974% 81.667 81.369 66.310 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE EWM EWM 5.000 4.875 153.832% 82.178 84.299 76.251 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE EWH EWH 12.000 11.562 131.896% 87.000 83.468 81.661 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE ERC ERC 13.250 12.375 225.921% 88.542 85.539 71.546 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE CD CD 20.750 18.562 319.288% 88.835 82.379 70.998 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE * VOLUME BREAKOUT 319.288 PERCENT OVER LAST 30 DAYS GLM GLM 14.625 14.375 78.728% 92.857 87.104 72.397 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE TOM TOM 68.000 65.125 74.143% 26.237 21.074 48.581 * STOCH BUY AMZN AMZN 190.062 179.250 96.210% 65.782 57.563 61.155 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE CWZ CWZ 55.438 53.938 301.253% 19.461 19.224 41.132 * VOLUME BREAKOUT 301.253 PERCENT OVER LAST 30 DAYS * STOCH BUY TI TI 105.188 110.000 301.514% 98.096 93.557 50.671 * VOLUME BREAKOUT 301.514 PERCENT OVER LAST 30 DAYS Prev Curr Price Curr OFF TICKER NAME CLOSE CLOSE Change Vol % HIGH ------------------------ ------- ------- ------ ----- ---- AIG AIG 128.312 132.938 3% 165% 0% 30DAY HI $ AXP AXP 134.625 137.188 1% 186% 3% $ BGEN BGEN 99.750 107.875 8% 197% 10% BMY BMY 64.250 68.000 5% 159% 0% 30DAY HI $ CUM CUM 50.125 53.125 5% 262% 7% 30DAY HI FDX FDX 110.000 118.500 7% 161% 0% 30DAY HI $ HWP HWP 75.000 76.625 2% 183% 8% 30DAY HI MENT MENT 12.625 13.062 3% 179% 13% UNP UNP 53.312 56.312 5% 231% 5% VOD VOD 175.938 186.625 6% 163% 6% PD PD 60.000 64.562 7% 198% 9% 30DAY HI PFE PFE 123.375 128.312 4% 153% 14% PHG PHG 84.375 89.625 6% 307% 12% 30DAY HI TEVIY TEVIY 49.125 49.562 0% 163% 1% IBM IBM 171.875 194.500 13% 404% 2% 30DAY HI EWM EWM 4.875 5.000 2% 153% 6% 30DAY HI Total Companies Processed 226 OB INDICATES NEW YEARLY ON BALANCE VOLUME HIGH $ INDICATES NEW 52 WEEK HIGH PRICE ** New highs, high bases, 10+ week highs, & low base breakouts ** 52 Week \|--Base-\| 40 Name Close Change %OH High %Rng Wks Vol %V U/D ---- ----- ------ --- ---- ---- ---- --- -- --- ADBE 61.81 2.06 NH 61.81 No Base 12805 149% 2.4 AF 11.31 0.12 NH 11.31 No Base 29 9% 2.2 AIG 132.94 4.62 NH* 132.94 9% 7 34676 151% 1.1 AMR 70.88 1.06 1% 71.44 24% 14 13117 85% 1.5 AS 5.25 -0.25 5% 5.50 22% 15 2694 74% 1.7 BAC 74.25 1.00 1% 75.00 9% 7 30388 76% 1.3 BEAM 14.06 0.75 NH* 14.06 No Base 14620 114% 2.4 BK 38.81 0.81 4% 40.25 11% 7 13340 74% 1.3 BMET 44.00 0.00 2% 45.06 11% 6 5443 73% 1.3 BMY 68.00 3.75 NH 68.00 15% 21 69345 173% 0.8 BNI 33.00 -0.50 9% 36.12 16% 24 42766 278% 1.0 CSCO 113.19 5.25 5% 118.75 20% 15 163007 124% 1.1 CA 38.75 3.75 25% 51.50 11% 6 26897 117% 0.7 CMB 85.75 2.31 4% 88.94 11% 8 34915 94% 0.9 CSX 43.19 -0.94 5% 45.56 20% 29 2903 57% 0.9 CUM 53.12 3.00 NH* 53.12 No Base 5979 307% 1.4 DAL 66.75 0.31 7% 71.56 17% 8 10248 88% 1.0 DDS 28.56 0.31 21% 36.12 17% 14 3714 78% 1.5 ELT 11.88 -0.06 10% 13.25 9% 6 263 61% 0.5 EMF 13.56 0.38 9% 14.88 Hi 21 410 94% 2.0 F 64.00 0.00 2% 65.00 14% 16 20697 71% 1.4 FAST 47.50 1.50 NH 47.50 No Base 5255 219% 1.9 FDX 118.50 8.50 NH* 118.50 No Base 17573 160% 1.3 FNM 71.62 -0.88 6% 75.94 9% 9 29032 99% 0.8 GE 113.25 -0.31 3% 116.94 10% 6 49457 94% 1.5 GIS 79.00 -0.62 6% 84.25 8% 6 3880 70% 0.5 GM 88.69 -0.38 5% 93.38 6% 7 24354 101% 1.0 GT 55.62 -0.75 6% 59.25 22% 29 6491 81% 1.6 GTE 66.81 -0.06 6% 70.81 16% 12 12178 68% 0.8 GTK 26.25 0.56 6% 28.00 20% 13 584 30% 2.0 HD 62.19 -0.19 8% 67.31 13% 9 26171 75% 1.4 HDI 60.25 -0.25 4% 62.62 10% 6 4896 93% 1.3 HWP 76.62 1.62 6% 81.94 10% 7* 52590 152% 0.9 IFN 8.62 -0.12 8% 9.38 13% 7 635 46% 1.8 ISL 14.12 0.00 0% 14.12 No Base 35 33% 2.5 ITA 14.81 -0.06 12% 16.75 6% 10 141 45% 1.3 IVX 13.50 -0.06 8% 14.75 25% 16 2478 61% 0.9 JNJ 102.50 1.75 NH 102.50 No Base 26284 117% 1.5 K 37.00 0.12 12% 42.06 14% 8 5767 107% 1.1 KGT 7.19 0.00 12% 8.12 3% 8 1082 150% 0.6 KM 16.19 0.25 9% 17.88 10% 11 11794 48% 1.1 KO 66.50 -1.06 12% 75.25 15% 14 45659 101% 1.0 KSS 71.38 -0.62 7% 76.88 10% 7 6899 129% 1.1 KYO 58.50 0.31 1% 59.12 14% 6 70 35% 1.3 LIZ 34.44 -0.12 10% 38.19 12% 11 1976 69% 1.2 MAY 41.50 0.19 3% 42.75 12% 14* 9269 89% 1.0 MENT 13.06 0.44 12% 14.81 8% 6 9354 132% 1.2 MXF 17.25 0.62 NH 17.25 No Base 1292 71% 3.3 NKE 61.50 0.31 0% 61.75 11% 6 10916 80% 1.8 NOBE 38.06 -0.25 14% 44.19 16% 12 7015 57% 0.9 OIL 11.44 0.31 8% 12.44 Hi 22 5727 141% 1.6 RAL 29.38 0.75 20% 36.75 10% 12* 9208 106% 1.0 RBK 19.12 -0.25 1% 19.38 18% 8 3917 149% 1.9 RLM 60.25 2.25 1% 60.56 Hi 22 5288 89% 2.1 S 43.19 -0.56 13% 49.88 10% 7 21725 149% 0.9 SIII 8.03 0.28 13% 9.19 11% 6 7925 97% 0.7 SLB 63.62 3.25 NH 63.62 11% 6 32203 95% 1.6 SNE 96.19 0.06 8% 104.31 12% 6 1882 59% 1.1 SUB 40.44 0.12 10% 44.88 7% 10 2956 68% 1.3 TGG 6.62 0.00 7% 7.12 6% 20 614 100% 0.8 TKR 19.81 0.44 11% 22.19 20% 10 2847 125% 0.8 TMX 70.88 3.56 NH 70.88 11% 6 13711 93% 1.3 TOY 21.94 1.06 NH 21.94 No Base 21212 123% 2.6 TX 59.19 0.12 8% 64.50 24% 20 17005 87% 1.7 U 55.62 0.06 11% 62.25 17% 8 7966 109% 1.1 UNH 53.88 -0.12 1% 54.25 18% 9 6765 61% 1.4 VOD 186.62 10.69 6% 197.62 16% 15 8927 167% 1.3 WFC 42.69 0.25 NH 42.69 23% 26 45473 110% 2.2 WMS 9.94 0.06 1% 10.00 Hi 22 864 73% 2.6 X 29.75 0.25 NH 29.75 22% 15 11467 152% 1.2 PD 64.56 4.56 NH 64.56 No Base 9558 220% 1.4 PEP 37.00 -1.94 12% 41.81 10% 14 191918 495% 1.0 PHG 89.62 5.25 NH* 89.62 14% 6 19826 312% 1.9 HOT 33.31 1.31 5% 35.00 18% 9 16432 198% 1.3 &IXIC 2561.61 73.32 1% 2598.81 13% 15 0 0% 0.0 &DJIA 10727.18 145.76 NH 10727.18 No Base 0 0% 0.0 &OEX 690.01 13.33 NH* 690.01 8% 7 0 0% 0.0 &DJU 302.44 0.09 6% 320.51 5% 9 0 0% 0.0 MRK 77.88 2.00 10% 86.38 15% 10 60720 124% 1.3 DIS 33.44 0.00 12% 38.00 16% 13 43436 70% 0.8 IBM 194.50 22.62 1% 197.00 12% 10* 195129 391% 1.0 KOR 23.06 0.25 NH 23.06 No Base 112 29% 2.2 FLH 9.94 0.31 14% 11.50 Hi 11 617 111% 1.3 INTC 61.50 3.06 13% 70.47 17% 8 284852 87% 1.1 EWJ 12.06 0.00 3% 12.38 11% 6 4338 81% 1.4 EWM 5.00 0.12 NH 5.00 No Base 2563 203% 1.4 EWH 12.00 0.44 NH* 12.00 No Base 1370 164% 3.6 ERC 13.25 0.88 12% 15.12 Hi 15 362 311% 1.1 CD 20.75 2.19 8% 22.44 18% 10* 138853 299% 1.3 GLM 14.62 0.25 NH* 14.62 No Base 27229 93% 2.8 TOM 68.00 2.88 10% 75.44 15% 8 2624 79% 1.2 AMZN 190.06 10.81 NH 190.06 No Base 62685 87% 2.1 ALA 26.00 -0.06 13% 29.81 21% 14 2348 31% 1.5 TI 105.19 -4.81 7% 113.00 14% 9 3783 250% 1.1 SII 45.56 1.19 NH 45.56 No Base 5678 85% 2.7 WCOM 92.44 2.69 2% 93.88 12% 7 106826 92% 1.2 TLAB 115.88 13.31 NH* 115.88 No Base 51844 195% 1.6 HAR 40.69 1.00 7% 43.95 13% 9 1701 207% 1.1 XLF 27.16 0.28 NH 27.16 8% 7 605 45% 1.1 XLK 37.91 1.66 3% 39.06 16% 15 10290 80% 0.7 ** New lows, low bases, 10+ week lows, & base breakdowns ** 52 Week \|--Base-\| 40 Name Close Change RV High %Rng Wks Vol %V U/D ---- ----- ------ -- ---- ---- ---- --- -- --- STK 18.00 -0.25 NL* 50.19 No Base 14588 184% 0.5 KGT 7.19 0.00 0* 8.12 3% 8 1082 150% 0.6 MU 36.94 -4.56 28 79.50 Low 24 140453 246% 0.7 RADIF 0.97 0.00 0* 2.75 6% 9 580 76% 1.0