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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: HairBall who wrote (24018)8/27/1999 4:29:00 PM
From: Eric Maggard  Read Replies (1) of 99985
 
I can't remember exactly who said that the transports falling through 3300 would be a Dow sell signal. I have kept an eye on it and it looks like it ran up the that level, which was also the 50 and 200 DMA area, and was sent back down the last couple of days.

See:
quote.yahoo.com^DJT&d=3mm

Someone who is more familiar with the Dow theory comment on it.

Eric
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