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


To: pater tenebrarum who wrote (12560)4/30/1999 3:20:00 PM
From: StockOperator  Read Replies (1) | Respond to of 99985
 
heinz,

I agree see my last post to Tom.

Regards,

SO



To: pater tenebrarum who wrote (12560)4/30/1999 4:11:00 PM
From: bearshark  Read Replies (1) | Respond to of 99985
 
Heinz: I just got back to my screen. I assume the strength in the DOT is attributable to RNWK's announcement on Monday--whatever it is. The DOT would not go down and I think others may be watching the DOT as an important indicator too. So just before I started this, about 3:45 eastern U. S. time, I saw that the DOT was positive and the INDU came back. I also saw that the NASDAQ volume was in decent shape.

I remember reading your note about interest rates and I agree about the lag factor. That is why Edson Gould used the rule of three on interest rates. The first two increase are like a couple of jabs. The third increase is the knockout punch.

<OT> I noticed that you watch the HEX. Are you acquainted with Finland's road traffic internet site? It has many real-time photos of Finland.