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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: HairBall who wrote (12700)5/3/1999 12:03:00 PM
From: James Strauss  Read Replies (3) of 99985
 
The Primary Trend Is Up...

LG:

Advancers continue to lead the Decliners and New Lows continue to dry up: quote.yahoo.com

The McClellan Summation Index is in positive territory and is about to break through an intermediate term downward sloping trendline to the upside... decisionpoint.com

Very Bullish...

And... We got a Dow Theory confirmation last week when the Transports made a new high: decisionpoint.com

And lastly interest rates are stable...

As Marty Zwieg says "Don't fight the FED and don't fight the tape. : >

Jim
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