MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: HairBall who wrote (41395)	2/25/2000 9:19:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

LG, thanks, i always await your charts with great interest. let me take the opportunity to re-post the chart that shows the "smart money index" plotted together with the INDU (originally posted here by Les). it underscores the distribution theme beginning with the rally from the October low last year. note that this divergence of the smart money index is by far the biggest on record - we have had MAJOR distribution going on, masterfully disguised by the mad-cap rally in the indices (remember all those negative tick readings, day in day out?): csf.colorado.edu regards, hb

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