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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+1.6%4:00 PM EST

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To: pater tenebrarum who wrote (39602)2/10/2000 11:30:00 AM
From: HairBall  Read Replies (1) of 99985
 
heinz: The Transports seem to be divergent from the majority of the indices today. If the Transports reverse and run back up I will be less concerned. The Transports have been known to diverge from time to time and then play catch up.

However, this move below the 18 plus year rising support line is significant and should not be ignored. Buying op or get cautious signal, I guess that is best left to the individual.

I don't want to be caught in a "denial of service" in a market tumble...<g>

Regards,
LG
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