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

To: James Strauss who wrote (19349)	7/3/1999 11:06:00 PM
From: HairBall	Respond to of 99985

James Strauss: It would seem so....<g> Regards, LG

To: James Strauss who wrote (19349)	7/4/1999 12:08:00 AM
From: bobby beara	Read Replies (3) \| Respond to of 99985

James, re-look that chart and notice the new highs were again not confirmed by the a/d line. then question is this a regeneration move or an exhaustion move. maybe we can get vitowski to comment on the quintuple declining SUM, as the averages are going higher and the sentiment is getting more complacent and bullish. The last time the put/calls and the spx RSI were at these extremes was on January 6th and at that time i was the fat boy singing and now i could use a double cheeseburger -g- bb