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

To: Haim R. Branisteanu who wrote (16045)6/4/1999 5:53:00 PM
From: Monty Lenard  Respond to of 99985
 
Haim, the only thing is that I saw some HUGE volume down on the lows of some of the nutz, MSFT, INTC, etc. I really think that was instit buying. We shall see Monday.



To: Haim R. Branisteanu who wrote (16045)6/5/1999 8:54:00 AM
From: Monty Lenard  Respond to of 99985
 
Haim, I have been doing some more study on the volume. It does appear rather weak for such big moves in some of the issues so you may very well be correct about the giant sucking sound. I do think Monday MORNING will be the usual Monday MORNING but I have also noticed that Mondays seem to be the favorite day to take some pretty big hits of late.

Monty


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