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


To: pater tenebrarum who wrote (14400)5/19/1999 6:50:00 PM
From: Sonny Blue  Respond to of 99985
 
>> requires follow-through tomorrow.<<

That's what I was thinking. Its old high was at 428. It closed one point above it today. And it had tendency to revert downward from this level before. Plus, most of its stocks are not at new highs, so I'm reluctant to go long here.



To: pater tenebrarum who wrote (14400)5/19/1999 6:58:00 PM
From: Compadre  Read Replies (1) | Respond to of 99985
 
heinz blasnik: Yes, that is also my opinion. All the indexes must have follow through tomorrow, and this thing is very close to resolution. Keep in mind that it could be a fake out also. Caution in still a virtue.

Regards,

Jaime