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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Patrick Slevin who wrote (250)	12/3/1998 9:38:00 PM
From: bobby beara	Read Replies (1) of 99985

PS, sorry if I intrude, but the summation index does not always turn at market tops (but it could), it gives advance warning. In powerful uptrends the general market tops in advance of the high flyers that dominate the weighed averages. Usually the secondary lower top in the summation in combination with a higher top in the averages creates the divergence for a major sell-off. Such as what happenend at the July top. bb

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