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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Michael Watkins who wrote (40038)2/12/2000 7:27:00 PM
From: awi  Read Replies (1) of 99985
 
It will be interesting to see if the latest runs in Canada, England and Japan all stall out too... and there are signs.

Michael, now that you mention foreign stocks: in the Netherlands the main index seems to be stalling too at the moment.

Symbol of the index is ^AEX on Yahoo - for an overview of the stocks look at night-trading.com . Most of them trade in NY too: quote.yahoo.com

It seems the index could be showing signs of topping too. Many stocks seem to be in a downtrend and a small number (techs, telecoms!) have carried the advance of this index in the last few months. Without them, the index would've been 20% lower).

Would you have any particular thoughts on this pattern in the chart? I'd be interested.
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