MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: GROUND ZERO™ who wrote (41788)	2/29/2000 9:32:00 PM
From: Michael Watkins	Read Replies (1) of 99985

GZ, What's your a/d line composed of? Both my NYSE and Nasdaq A/D lines ticked up today, no surprise. But it seems odd to me that the nasdaq's is so low given the "breakout" to new highs. Today, finally, new highs surged on the Nasdaq, giving some credence to the record high the index is in. Although interestingly enough, the last four times it surged, it was, or was followed immediately by, a big reversal day. intelligentspeculator.com If that should play out tomorrow, it would add more weight to the "its a wedge formation" story. Tomorrow, tomorrow, its only a day eh-way. (I'm Canadian, eh)

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