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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST

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To: James Strauss who wrote (42122)3/3/2000 1:24:00 PM
From: Michael Watkins  Read Replies (2) of 99985
 
James

... Up Volume is overpowering Down Volume... A sure sign of health...

Don't know where you get your figures from, this is yesterday:

!NQ-A, 2048, NASDAQ ADVANCED SECS
!NQ-D, 2239, NASDAQ DECLINED SECS
!NQ-AV, 11089.4004, NASDAQ ADVANCED VOLUME
!NQ-DV, 10049, NASDAQ DECLINED VOLUME

Lets remember that one day does not a trend make. Up volume most certainly is not *overpowering down volume*.

LG - I shorted the ND futures on the touch of that upper trendline. I'm still well in the money.

Maybe it will be a keeper this time. ;)
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