MDA - Market Direction Analysis Message Board

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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: HairBall who wrote (11368)	4/19/1999 10:13:00 AM
From: HairBall	Read Replies (1) of 99985

To All: Just an additional note... I feel uncomfortable with the Dow Transports rising dramatically while the XOI is doing the same thing, one's got to give. I also am uncomfortable with he Dow Utilities rising dramatically while the TYX is on the rise. The only explanation is flight to quality, but eventually the "big boys" will take one or the other down. My take is it will be the Dow Indices high flyers for a much over due correction. Of course this my opinion and not a recommendation to buy, sell or hold. Regards, LG Disclaimer: My posts are my opinions only and I reserve the right to be wrong on occasion. Do not base any investment decision solely on anyone's views or analysis. Do your own research and take responsibility for your own investment decisions.

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