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


To: donald sew who wrote (15737)6/3/1999 10:41:00 AM
From: HairBall  Respond to of 99985
 
donald: Your "guitar" is strumming right in line with my expectations. I have not voiced my opinion much this week, as I basically stated my expectations last Tuesday on the MDA Web Site and they really have not changed.

The only Indice that has not preformed entirely as expected last week is the UTIL, but I suspect it will.

Play that music...guitar man!

Here's hoping my puters stay up all day today for the first time this week...<g>

EDIT: Thanks to all that grace this thread with those great contributions, as always!

Regards,
LG




To: donald sew who wrote (15737)6/3/1999 10:51:00 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Donald and ALL: To see what the overall Market is “actually” doing (for you Quote.Com Qchart & Live Chart users) take a look at the five minute interval chart of the following Composite Indice:

Index: NYA + COMPX

Note: you will only be able to see a line chart of the close for the time period. Sorry, no candles!

Regards,
LG



To: donald sew who wrote (15737)6/3/1999 11:39:00 AM
From: j.o.  Respond to of 99985
 
Donald - it feels like the market is going to take out the old highs in the (S&P) 1305 area. I think that we'll have a little afternoon spike higher to shake out the shorts and probably get your indicators into Class 1 sells...is that possible?

We might even challenge the 1320 level, by the looks of today's price action...

j.o.

I still consider any short-term rises here to be shorting opportunities, unless 1320 is taken out on a closing basis.



To: donald sew who wrote (15737)6/3/1999 12:37:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
donald: The Market held up pretty well under that heavy down tick...seems there was some kicking on one of the three legs of the stool...<g>

Regards,
LG