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


To: HairBall who wrote (12270)4/28/1999 3:35:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
LG,

>>>> I will answer my own question. If the Dow Indices join the NDX and DOT in a decline in unison, money will seek even safer ground...bonds and money market funds!

Will this happen...look at the charts now...it is possible! <<<<<

Looks like it there buddy.

JUST heard on CNBC - they are already announcing the 11,000 special.

Wow the DOW sold off more than 1/2 its gains in a few minutes but the NAS has really intensified its downswing. Hey the DOW could be joining the NAZ soon, and it may have just started.

The NAZ is down 50 points which is equal to 210 negative DOW points, and the SPX is intensifing to the downside also.

seeya




To: HairBall who wrote (12270)4/28/1999 5:22:00 PM
From: Tenpole  Read Replies (2) | Respond to of 99985
 
Check out yesterdays Bearish Engulfing on NASDAQ, confirmed today. Now, while I'm no Bear, we've got a trendline in danger and support at 2340, 2230.

Is that a Shooting Star on the Dow today...?

T