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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Berney who wrote (3214)1/3/1999 8:16:00 AM
From: donald sew  Read Replies (1) of 99985
 
Berney,

>>>> ......Thursday's action was wierd. I'm just encouraging you to not make to much of it. <<<<<<

I agree, and that goes in both directions - bullish and bearish. There were too many divergences and some of them were extreme to attempt to make sense of them. The divergence between the NAZ and the DOW was about 225 DOW points. A very strong divergence is about 100 DOW points, and this time it was double that.

Im just looking at it as an abnormality, since this hardly happens every day to this extreme, and wait a few days.

seeya
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