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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: GROUND ZERO™ who wrote (15686)6/2/1999 10:35:00 PM
From: Vitas  Read Replies (2) of 99985
 
GZ, the last 6 days of 25 day a-d sum:

6/02 -853
6/01 -65
5/28 -115
5/27 -959
5/26 324
5/25 1194

tomorrow we drop a positive 517 making it even more negative,
unless we have a very strong a-d day

I view this as piercing zero to the negative, an attempt to rally and
a failure under zero, unless we get a strong a-d day tomorrow.

Furthermore, the last 25 day CYCLE on 5/12 was an inversion,
and we are still within that cycle.

Previous inversions were July '98 and October '97

I think the lean is to the downside, and that it could be a good one, baring a strong day tomorrow.

Vitas
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