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

To: HairBall who wrote (12426)	4/29/1999 3:08:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

>>If it goes up that will be revealing as well.<< I expect it to head up but not for more than a day. Tye TICK cycle should hold it up while the big money positions itself for the larger drop. They have been hitting the NASDAAQ the last few days and now need to cover those and move into the DOW stocks. As the TICK Climbs tomorrow, they will be setting their short positions IMO. I agree that if we tank for real today, it will be after the bond close. I doubt they will take it down hard this week since Friday is usually up due to J6P affect. <ggg> Slide should start Monday IMO. Good Luck, you get your floor done yet? Lee