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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: James Strauss who wrote (41567)2/27/2000 3:31:00 PM
From: HairBall  Read Replies (1) of 99985
 
James Strauss: I went to big charts and came up with much of what you use, but look at the lower price channel in semi-log scales. It is being penetrated.

You haven't mentioned volume, did you happen to look at the major increase in volume since last Oct? To what do you attribute that....rotation from old stogy stocks to new era ones? Just curious to hear your take...

I would not be surprised to see a bounce next week in the Dow.

marketdirectionanalysis.homestead.com

Regards,
LG
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