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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: voodooist who wrote (804)12/7/1998 7:08:00 PM
From: Steve Yuan  Read Replies (1) of 99985
 
Fred,

Your comments reminds me of the stock market before the first rate cut. At that time, one of my rule is that when semi-equipment stocks went up, it is time to sell stocks. That rule works fine for quite a while. Nowadays, semi is Wall Street darling now.

Let's see whether your steel stock indictor works.

Steve

P.S. Though I have sold some stocks today, my guess is that the market will go higher, at least temporarily.
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