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


To: James F. Hopkins who wrote (14780)5/24/1999 3:54:00 PM
From: Compadre  Read Replies (2) | Respond to of 99985
 
Jim: It looks as though we will close at the low of the day for both the DOW and the NAZ. My system will be at a buy at the close. If that's the case, I am expecting that the NAZ will have a dead cat bounce. The 55 day EMA is a possible target. ( around 2102 )

Regards,

Jaime



To: James F. Hopkins who wrote (14780)5/24/1999 4:11:00 PM
From: Kevin  Read Replies (2) | Respond to of 99985
 
James,

What broker do you use to trade UOPIX. I am using Fidelity and they charge $75.00 for commission.

Thanks.



To: James F. Hopkins who wrote (14780)5/24/1999 4:30:00 PM
From: jjs_ynot  Read Replies (1) | Respond to of 99985
 
Bought SPYDERS at the close.

Looking for a 2 day bounce more or less.

EDIT: Squid Attack !!!!



To: James F. Hopkins who wrote (14780)5/24/1999 5:21:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
James I also bought XLK at 36 7/8 for 5/8 to 7/8 point.

Haim



To: James F. Hopkins who wrote (14780)5/24/1999 9:54:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
James,

I agree we are short-term oversold.I have CLASS 2 BUY signals across the board, but not yet CLASS 1's, so per my system there is still a potential of 1 more down day.

I am also thinking of playing the QQQ, and feel it is good for a 5 point upswing at least.

Seeya