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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 692.76

+0.5%

Jan 26 4:00 PM EST

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To: Les H who wrote (6831)	2/22/1999 10:56:00 AM
From: Daflye	Read Replies (1) of 99985

Anybody else look at IBDs Mutual Fund Index??? It's a composite of about 23 top performing mutual funds (according to IBDs ranking system). The daily chart on the back page of section A is just another indicator. Currently the index is trading around 501.8, down 2.3% for the year, smack dab in between it's 50dma around 515 and 200dma at 487. the 200 dma peaked around Aug 21st around 499 and has been steadily trending down. Just runnin' it up the ole flagpole.... Cheers, D

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