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: Compadre who wrote (15558)6/2/1999 11:19:00 AM
From: wmwmw  Read Replies (1) | Respond to of 99985
 
I am with GZ. I noticed he was correct on the long side when Dow went to 11100 and on the short side when it went back down from 10900.
I also noticed you were correct most of times at short time market trend.
I see 10370 is the low that Dow can hold before it starts the rally.
I saw Dow held well now when bad news hit and NAZ is oversold and has no way further on the down side. As next earnings reports is approaching, the market has another motive for the up side. It may be the date when CPI number is released that the rally starts.
The last earnings rally started from the beginning of Match.



To: Compadre who wrote (15558)6/2/1999 4:24:00 PM
From: GROUND ZERO™  Respond to of 99985
 
Jaime,

With rates ticking toward 6.00% and the equities not in a total collapse tells me that the equities want to continue higher with the expectation that earnings will out perform bonds for the next quarter or so... crude oil is collapsing and the equities are oversold... a rally is timely right now..... I think we're basing here for another test of the old highs.....BWDIK

GZ