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Strategies & Market Trends : MDA - Market Direction Analysis

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To: pater tenebrarum who wrote (11914)	4/23/1999 7:58:00 PM
From: Vitas	Read Replies (1) of 99985

Heinz, todays Favors interview: Insana: our next guest thinks we are near a short term top followed by a sharp decline Insana: you keep moving the week out, 3-4 times now - maybe it's not ready to go down yet? Favors: we had a short term top within 1 day of April 9th Naz, spx, nya sold off - Dow didn't During decline market got internally even stronger a-d, high lows those usually peak before the Dow -------- as of 21st the 5 day moving sum of advancing volume, which normally peaks before Dow, was making recovery new highs along with Dow - it usually peaks before the final Dow high he is still looking for some sort of sharp correction next week if numbers are appropriate he will jump back in if necessary

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