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Strategies & Market Trends : Waiting for the big Kahuna

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To: HighTech who wrote (24320)8/19/1998 4:41:00 PM
From: HighTech  Read Replies (2) of 94695
 
Market internals not too good today. Trin neutral at 1.00, tick at 68, NYSE Advancers 1211, Decliners 1755, Naz Advancers 1719, Decliners 2489, NYSE New highs 27, New lows 159; Naz New highs 26, New lows 232. These are only slight improvements from the numbers recently and implies further weakening of overall market despite Dell's numbers. Actually the Naz 100 was outperforming the other indexes most of the day and it sold strongly near the end. The rally seems to be short-lived. I say we go down from here. BWDIK?

HiTech
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