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

To: Chip Anderson who wrote (20602)7/20/1999 5:34:00 PM
From: pater tenebrarum  Respond to of 99985
 
Chip, i wholeheartedly agree with this assessment and have pointed out the failure of MER to confirm the new highs in a recent post. on the day the S&P reached it's most recent record high, MER actually went down, just as it did in july last year.



To: Chip Anderson who wrote (20602)7/20/1999 5:38:00 PM
From: pater tenebrarum  Respond to of 99985
 
the brokers are a proxy for the mania's health, just as the nutz are. both have had a hard time of it lately. it 's one of the warning signs underneath all the euphoria.

regards,

hb



To: Chip Anderson who wrote (20602)7/20/1999 7:22:00 PM
From: Berney  Read Replies (1) | Respond to of 99985
 
Chip, Looks like the brokers need to take some drugs and then maybe both sectors would get healthy. <g>

Thanks for sharing the commentary. It was an excellent presentation.

Berney


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