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

To: donald sew who wrote (12596)	5/1/1999 6:12:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

I just moved all the links on myportion of the MDA site to my new ISP provider. If anyone finds a broken link or a chart that won't load, let me know and I will fix it. All charts are also updated at this time. Sorry it took so long but I had to fire MU as their ISP service was too much trouble. Note that I have sell signals on the CEX Chemicals, FPP paper products again and most notably transports. Again, my signals are based on options and weighted toward calls so a sell signal could just be signalling that the rise is going to stop so erosion of time premium is worthy of closing positions. On the other hand ... Also I had to swing a couple of forks downward to fit the action better and they were all tech. The XCI and SOXX as I recall were too of them. The other concern I had was the DRG index breaking below it two year fork on the weekly. So far I am giving it the benefit of the doubt and have put a sideways fork on it seen bythe light yellow fork until it shows it's true intentions. I am short ontime and have to go to work now. Hopefully I will get a chance to pour over the charts more later and make some meaning out of this. Friday's bounce into the close was fully expected due to the J6P affect so Next week could just continue the downward move, however I was concerned at how the OEX and SPX bounced of my tines and moved up. Almost as though they already flushed out the weak and are ready to have at least a short term bounce up. Also we have the Goldmans Sachs IPO. This close to the IPO, you can bet they saved some cash to try and prop up the market to finish the planned sale. Someone already noticed here that IBM was the major mover in the Bounce near the close Friday. Gee, the most heavily weighted stock onthe indexes was the one that was being bought??? Hmmmm. Monday MSFT and GE??? (Although GE's chart looks like crud) Got to go, Good Luck, Lee