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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: donald sew who wrote (32236)	11/4/1999 1:48:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Don, while i agree in principle with this view, we have to accept the fact that the stocks propping up the indices are leading a life of their own...this is still a two-tier market and will probably remain so for the foreseeable future. as a result we have the NAZ hitting record after record while a/d line and NH/NL statistics are less than ideal. regards, hb

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