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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

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Nov 17 4:00 PM EST

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To: TimbaBear who wrote (20340)	7/17/1999 11:45:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

I agree, I still have the nuts long term weekly in an upfork and I believe I still have the daily charts in an uptrend too. My index charts are available off my link at the MDA site. My daily charts on many of the nuts themselves however show a short term up potential in a downtrend. Not quite sure why the indexes are still upward and the individual nuts are downtrending though. Must have to do with the way they are weighted or the few strong ones like EXDS' late rally. Jim is the master of index manipulation so I will let him comment on that phenomenon. Good Luck, Lee

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