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


To: stockycd who wrote (13083)5/6/1999 8:03:00 PM
From: fedhead  Read Replies (1) | Respond to of 99985
 
On the contrary his turning neutral is actually reducing bullish
sentiments. We need more bulls to turn cautious or scared before
this market rises. Not enough pessimism amonst the mainstream which
is why I expect more drops. Whats the next support for NAZDAQ and the
DOT ?

Thanks
Anindo



To: stockycd who wrote (13083)5/6/1999 8:03:00 PM
From: Skipperr  Read Replies (2) | Respond to of 99985
 
I think I agree with Frank Skepton, Kahuna thread, #39838:
>>I think there might be a good bond swing trade setting up (long) I may well be
wrong, but here's what I'm looking at

geocities.com
geocities.com

Regards,
Skipperr



To: stockycd who wrote (13083)5/6/1999 8:14:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 99985
 
Chris

this market is far from dead pal...we could explode to 12K in a blink of an eye...

and I can change on a dime... my P&F 2 early indicators are moving up to overbought levels...i'm betting they will reverse down...

i don't lead them, they lead me..but i did not like how i felt today "for me"!!!! way to many open option positions that looked vulnerable ....so i sold them all...when i do this it takes all the presure off me and i can relax...

listen if the number tomr is benign??? hang on kiddo we will rally up very hard....

so don't get so excited yet<ggg>...



To: stockycd who wrote (13083)5/6/1999 9:09:00 PM
From: Giordano Bruno  Read Replies (2) | Respond to of 99985
 
>>>About 3:10, all of the indices turned up strong, but the powers that be could only support the DOW <<<

Any guesses as to what propelled the DOW 94 points while bonds maintained their sell off?

Jim