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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: James Strauss who wrote (11275)4/16/1999 9:33:00 PM
From: donald sew  Read Replies (1) of 99985
 
Jim,

>>>>> Corrections are necessary in a healthy Bull market... But, I don't think we'll see it now when the A/D line and New Lows are improving... decisionpoint.com
decisionpoint.com

Add to this the march of the Transports towards a new high Dow Theory confirmation, and you have a greater probability of a market advance than a correction at this time...
decisionpoint.com <<<<<

Firstly, a correction to me is 5%-10%.

I checked about 50 years of data on the advance/decline and I could
not find any firm evidence that a correction could not happen with the
A/D improving. When I have the chance I will check the NEW HIGHs/LOWs for about 50 years. Beyond 50 years my eyes start to get
slanted. ggggggggg Did you check previous years and if you did can
you give me a specific time so I can check.

thanks, seeya

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