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


To: pater tenebrarum who wrote (12279)4/28/1999 4:00:00 PM
From: bearshark  Read Replies (1) | Respond to of 99985
 
Heinz: I am watching the DOT to see how those traders handle this. Many have made millions in the past month or two. How will they react? I am either going with them on the next move up or I am going to have some on the way down. The OSX did something similar in October 1997 but it was telegraphed by actions in the industry. This time, I think it will be a strict human emotion play. I think you and LG described the potential move that I am looking for in past posts.




To: pater tenebrarum who wrote (12279)4/28/1999 4:16:00 PM
From: bearshark  Read Replies (4) | Respond to of 99985
 
Now this is wrong. Take a look at the wild trading within the INDU.

cbs.marketwatch.com

Today was basic industry and resources day again. The last several days it was HWP and IBM week. Prior to that it was GE week. Recently it was we hate the hell out of T and WMT week. We also have been through two multi-day love-hate relationships with basic industry in the INDU over the last few weeks. The world's most recognized index is out of balance due to in-and-out trading.