MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

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Nov 19 4:00 PM EST

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To: Wildstar who wrote (8038)	3/12/1999 10:14:00 AM
From: donald sew	Read Replies (2) of 99985

Wildstar, >>>>> Over the last couple of days, I have noticed that the TICK would get really low (< -500) with the DJIA either down marginally or up. I interpreted this as a sign of strength, but am not sure. Is this a sign of strength? <<<<< It could be interpreted at times as a sign of strength and sometimes it is. On the other hand the TICK represents all issues on the NYSE so the big boys could be selling some issues and buying others to support the indexes. In other words strong selling in the smaller issues and keep the INDEX COMPONENTs up or not down as much. seeya

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