MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: donald sew who wrote (11407)	4/19/1999 12:16:00 PM
From: James Strauss	Read Replies (2) of 99985

Don: There is now a 3:1 Advancers to Decliners ratio... There is nearly a 10:1 New Highs to New Lows ratio... quote.yahoo.com The market looks great... Some of the money that was in the Internets and other over extended stocks is flowing to the broader market... I wouldn't let the performance of a few overpriced large caps fool us into thinking that the overall market is in trouble... On the contrary, the unemotional numbers don't lie... More stocks are advancing and more stocks are hitting new highs while the number of stocks hitting new lows are drying up... There is nothing more Bullish than this... Jim

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