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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: HairBall who wrote (70230)2/23/2001 11:33:58 AM
From: John Madarasz  Read Replies (1) of 99985
 
LG...

I wonder if people are associating the comp with the general market, since it is so much more identified with the mania in stocks?

I've read SPX is in a much more precarious position, and could effect the market on a whole, including the compx, adversely if it fails support around the 200 WMA around 1221, don't you think?

Best Regards,

JM
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