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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Boca_PETE who wrote (4336)4/7/1999 4:35:00 PM
From: DD™  Read Replies (1) of 15132
 
Today's market action can be characterized as distribution, and may signal the beginning of a correction/consolidation phase.

Heavy volume...

quote.yahoo.com

and the indexes failed to advance, closing down for the day..

iqc.com

IBD distribution ratings for the major indices have been going down this week:

NAZ: B
S&P: C
DOW: C -

Time to keep a close eye on the averages and volume

DD
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