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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: donald sew who wrote (11219)4/16/1999 11:51:00 AM
From: James Strauss  Read Replies (1) of 99985
 
Don:

As usual, an excellent analysis... : >

Given the way the major indexes are weighted based on capitalization, a small number of larger stocks in retreat can give an impression of a Dow and S&P dip... It might be advisable to steer clear of the index funds and vehicles that were previously dominated by the Nifty Fifty types, and shift attention to mid caps and small caps... As they gain in strength, the major indexes will be moved by the many rather than the few...

The unemotional numbers tell me that more stocks are rising than falling...
finance.yahoo.com

That's a good thing... : >

Jim
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