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


To: bobby beara who wrote (15271)5/28/1999 4:10:00 PM
From: KM  Respond to of 99985
 
bb: OT

hahahah. I was just about to pm you about NITE.



To: bobby beara who wrote (15271)5/28/1999 4:13:00 PM
From: Stephen  Respond to of 99985
 
bb ... you change your mind more often than the women in my life (GG) ... !!

Stephen



To: bobby beara who wrote (15271)5/28/1999 4:18:00 PM
From: HairBall  Respond to of 99985
 
bobby beara: Take a look at my NYA-COMPX Composite Point & Figure Chart....it is on the MDA Web Site on my chart page...as the "Featured Chart"...at:

homestead.com

Heck, I may make it a regular chart on my page...I put it up for Options Jerry...but I never heard back from him.

Regards,
LG



To: bobby beara who wrote (15271)5/28/1999 4:32:00 PM
From: j.o.  Read Replies (1) | Respond to of 99985
 
Keep the faith, Bobby! <g>

On the Nasdaq, I agree that if we trade up much higher, we will run into the wave 1 (A?) of this downmove, which might negate the count. Then you and I might have to re-examine the whole scenario. It's a good thing that the move has been kind to us so far !

And as I have said before, if we were to regain the 1320 level in the S&P, my wavecount is off, and I will have to try the long side.

Looking at NITE, I didn't notice anything out of the ordinary...I would see it the same way I see the Dow. What am I missing? I am sure it's prett elementary. One sometimes overlooks the simple answer <g> Like, go long the nets! <g>

I would say that we need confirmation of the downmove (i.e. taking out the old lows at 1280 in the S&P cash.) But the price action over the last couple of days has built such a picture-perfect A-B-C that I have to think that we are finishing up wave 4 and heading down into 5 now.

Always keep a fresh beanie on hand!

John
PS - Don't you love the "feel-good" rallies, LG? Have a great weekend, all!



To: bobby beara who wrote (15271)5/28/1999 4:54:00 PM
From: Jerry Olson  Respond to of 99985
 
OK BB...

do i win the bet on ATHM???? huh?????

20 Quabits pal..coffee them up...

to all who live and work here....

have one hell of a holiday weekend...

what a wild ride....amazing market...

regards to you and yours everywhere....

whew!!! i need a drink................the "juiceman".....



To: bobby beara who wrote (15271)5/28/1999 9:29:00 PM
From: GTC Trader  Read Replies (3) | Respond to of 99985
 
<< if the XBD closes above ... >>

Where on the net can I get a chart of XBD and the stocks it includes?

P.S. Dell looks to be in a small indecision triangle. Do you think it is due for another leg down, or up first?

TIA -- HB