SI
SI
discoversearch

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: bobby beara who wrote (14252)5/18/1999 8:29:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Bobby, your observation re. declining volume triangles points to a major move in the market to happen soon...in view of this maybe even an index options straddle would be interesting. and you're right, we have to give the possibility of a bullish resolution the benefit of the doubt here. quite a few people are looking for a correction at this point, which is surely reasonable in view of the weak bond. but the bond contract is near long term support levels, and if they hold and the bond reverses direction, the market could just as well surprise to the upside once again.

regards,

hb



To: bobby beara who wrote (14252)5/18/1999 9:42:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
I believe DLJ Direct and Waterhouse are coming out as IPOs in June and July. Waterhouse in about 4 weeks. I mentioned TD earlier in this thread which is the parent company.

A History of Shopping Binges: 1929

usnews.com

OEX closed at MAX Pain yesterday 675.