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


To: StockOperator who wrote (13582)5/11/1999 4:36:00 PM
From: KM  Respond to of 99985
 
FWIW, Cisco did the wild thing on its earnings and a 2-1 split so that may juice things at the open. Good revenues and met the whisper number.



To: StockOperator who wrote (13582)5/11/1999 4:37:00 PM
From: Sonny Blue  Respond to of 99985
 
The NAZ and DOT rebounded after the bond market closed, so I don't put any weight into the last hour rally. The bonds are controlling the stocks, imo.

All these turf-of-war games remind me of 1987. That means we probably won't see the top until August.



To: StockOperator who wrote (13582)5/11/1999 6:56:00 PM
From: Compadre  Read Replies (1) | Respond to of 99985
 
SO: We may be rotating back to high techs. Cisco earnings were good, haven't looked at market response yet.

I will post more tonight, right now I have other things to do. Talk to you later.

Regards,

Jaime