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: donald sew who wrote (12240)	4/28/1999 2:24:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

Looks like we are forming bull flags on all the previously overbought sector indexes. When the TICK swung positve just a while ago, the GAX Gaming index that I had a sell on before just popped from the 227-8 area to 231, the transports are popping again etc. Meanwhile the TXX Tech index isn't budging. I think this confirms that techs are out and the other sectors are in. I just don't understand how transports can be up while oil is going up also. Same with utilities and TYX/interest rates. OT Ramsey - I just rebooted my machine while I was still online and when it came up, it automatically reconnected me to the net with 2 browsers open and my resources stayed above 81%. I am now running all 4 again but I am still above 50%. I may have found a temporary work around cheater method. Problem seems to be Yahoo sites suck me dry.

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