Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gersh Avery who wrote (12893)	5/5/1999 12:53:00 AM
From: Daniel Joo	Read Replies (1) \| Respond to of 99985

Anyone know the exact day the Fed is meeting this month? Thanks in advance for the info. Dan

To: Gersh Avery who wrote (12893)	5/5/1999 5:10:00 AM
From: Lee Lichterman III	Respond to of 99985

To all - My charts are going to be updated later from now on. After yesterday's fiasco on the DOW quote, I talked to Reuters and they apparently don't finish cleaning their data until 10:30 PM. Therefore instead of getting my charts done early, I am going to delay my downloads and have them right but late. Note tonights were just done around midnight after deleting my old stuff since switching to them. It is a pain but then again, I might actually see my wife and kids a little more during the evening <ggg> I apparently use different measuring lines than most here. I show we could still drop a bit more on the NASDAQ, MSFT and a few other indexes before HAVING to bounce although we should approach those levels tomorrow. I have heard from numerous sources that we are supposed to head south from here starting now but feel that the DOW should make one last attempt to reach around 11200 before the real move down therefore I am now flat again although some of that is also due to my being tied up at work. I have sell signals on the Trannies and now the Utilities. I only have weak class 3 buys on most other things that have triggered so there is not a lot that says we have to bounce other than some short term forks and trendlines. I Guess we'll see, Lee