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


To: HairBall who wrote (22032)8/4/1999 12:50:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
LG, the UK takeover has skewed the picture sufficiently for J6P to think everything is hunky dory. however, i expect the next level of supports to fall by the wayside as well. if the transportation average closes where it is now, a Dow theory signal will be given; actually the second one, the first one being the non-confirmation of the most recent INDU high.

regards,

hb



To: HairBall who wrote (22032)8/4/1999 12:54:00 PM
From: pater tenebrarum  Respond to of 99985
 
LG,i just saw the transports' weakness has already been discussed...