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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: dclapp who wrote (22481)	8/9/1999 12:13:00 PM
From: TWICK	Read Replies (2) of 99985

To add to your question, I'm also interested in stocks that are used as a barometer. TheStreet.com's Kramer talks about the Gap: thestreet.com "Everyone has certain stocks that can cause discomfort when they go down. For me, it has always been Gap (GPS:NYSE). I love it when Gap goes up because it is a great barometer of the consumer. I have also found, however, that when Gap gets rocked, the market can't be far behind. In the three big downturns of the past 15 years -- 1987, 1990 and 1994 -- Gap was uncanny in its predictive value, going down well in advance of the selloffs. It has been a perfect lead indicator. If you sold the market when it broke, you avoided some hefty losses." Twick

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