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


To: Gersh Avery who wrote (15467)6/1/1999 9:01:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
>>Globex opening trigger values: Sell trigger : 573 (1302.93) <<

They better get busy then because futures are a long way from there so far so we should drop onthe open if it doesn't rally hard before the open.

From what I saw so far, NAPM news this morning is expected to be 54.3. EDIT - 53.4 Soon as that news is released, it should decide the short term direction. OJ is already going psycho long on the Kahuna thread and GZ reversed long also.

My stuff shows a probable bounce in the NASDAQ but the DOW and SPX is a little shakier and harder to call.

Good Luck,

Lee