MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 10 4:00 PM EST

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To: TimbaBear who wrote (26274)	9/19/1999 9:31:00 AM
From: Giordano Bruno	Read Replies (1) of 99985

......Richard McCabe, chief market analyst for Merrill Lynch, found that 23.6 percent of the New York Stock Exchange's common stocks and 22.7 percent of the Nasdaq market's stocks are below their summer-fall 1998 lows.... Doesn't this mean that over 75% are not? Yes, over 75% are above their summer-fall 1998 lows. Also, 35% of NYSE stocks are above their 200 day moving average. decisionpoint.com

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