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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: Terry Whitman who wrote (33156)11/11/1999 12:49:00 PM
From: Les H  Read Replies (1) of 99985
 
INX, which contains AOL and excludes SUNW, EMC, and a bunch of other 'internet' stocks included in DOT and IIX, looks to pull back from its test of the recent pivot point. At worst, it may pull back to the 200-day moving average which is the bottom of the rectangle.

tscn.com

This would probably also bring the composite of stocks in the HHH, the internet holders trust, down near the 200-day moving average again. It's rebounded from the support line three times this Fall.
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