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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (37963)3/5/1999 12:24:00 PM
From: Chip McVickar  Read Replies (2) of 94695
 
bearshark,

ARMS/TRIN has stayed solid all morning at .47 - .52
Adv stocks nyse/nasd is solid
Vol for nyse Adv's is rising at 321,000 close to high

Internals still look stronge here at 12:30est
BUTTTT...no budge from SPX 1270

Just now it's breaking off to 1266-7 with trin at .55
Advn are still near highs
Vol stronge
I think its a fake

What else do you watch for in tops and breakouts?
I've been looking at DMI, but know very little about it?
Chip

Looking for market movement at 1:50 this afternoon
Chip
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