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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (18076)6/21/1999 8:39:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Heinz,

>>>> improving internals are one of the hallmarks of a blow-off. we will get them, and they should only be trusted to some extent. it will be fiendishly difficult to determine the top. we may even get a situation where the a/d line continues to improve for a little while after the indices have already topped out. <<<<

Im looking for dramatically improved technicals. For example, prior to the correction in APRIL of 1998 the NEW HIGHS we in the 200-400 range. Then I would turn long-term bullish, otherwise I will remain long-term bearish, playing the upswings as well as I can.

seeya