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


To: HairBall who wrote (15950)6/4/1999 11:30:00 AM
From: bearshark  Read Replies (1) | Respond to of 99985
 
LG: I would give Captain Jim the afternoon yet. I have no intraday buy confirmations in AOL, AMZN, nor CMGI (my net trackers). In fact, they are trying to give sells. I do not have any intraday buy signal for the INDU either.

I thought I would have seen it by now. I am prepared to go into puts this afternoon, if this persists.



To: HairBall who wrote (15950)6/4/1999 11:42:00 AM
From: Chip Anderson  Read Replies (1) | Respond to of 99985
 
Congrats! The MDA Website just won the "Best Alternative Market Analysis Site" award on stockcharts.com ;-)

Chip
stockcharts.com



To: HairBall who wrote (15950)6/4/1999 11:42:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
LG, there is good demand for index puts today; this suggests that this corrective rally has a bit further to go before the selling resumes.

regards,

hb



To: HairBall who wrote (15950)6/4/1999 11:42:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
I'm getting a number of short-term 8-17-9 MACD buys on the Dow and NDX.

tscn.com

Dow looks somewhat like start of mid-December rally.



To: HairBall who wrote (15950)6/4/1999 2:40:00 PM
From: James F. Hopkins  Respond to of 99985
 
Sure does, I was early last time too, but what the heck any more
upside before the correction compleats I just short more.
I won't be sqeezed..got it covered,
and no stop losses .