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


To: Sonny Blue who wrote (12922)5/5/1999 11:28:00 AM
From: C Hudson  Read Replies (1) | Respond to of 99985
 
Can you post a link for a quote and a chart on the DOT? TIA



To: Sonny Blue who wrote (12922)5/5/1999 11:29:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Well, the DOW is just now approaching my first support area, if this breaks I have next supports at 10600, 10450.... Weekly support is all the way down by 10K

The NASDAQ pierced my first support of 2450 so next is 2375, 2325 with weekly at 2350

NDX is 2050 then 2000

TICK is atextreme negative now. This is either the flush out before the bounce which should show before the end of the day or the beginning of something really nasty.

I knew I should have bought those puts back at 11K but I thought we could get 11200 before the fall started. Oh well,

Good Luck,

Lee