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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (23943)3/2/1999 11:22:00 AM
From: James Strauss  Read Replies (1) of 50167
 
Ike:

The S&P continues to flatten out but the 50 day MA is rising...
quote.yahoo.com^SPC&d=1ym

This is an interesting dichotomy given the A/D line reaching new lows... We may look back on this months from now and point to the rising 50 day MA as the key to the next advance... Or, we may point to the declining angle as the start of the next downturn... It should take a few weeks to show up in the 50 day MA...

Jim
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