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


To: Jerry Olson who wrote (23464)8/19/1999 8:26:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 99985
 
OOOOOO,
It looks like they came close to reversing up, but did they actually reverse (the hilo and 10 week)? I thought that they fell short.

XXXXXX



To: Jerry Olson who wrote (23464)8/19/1999 8:26:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
We have a close below the 200 day for the greenback!

decisionpoint.com



To: Jerry Olson who wrote (23464)8/20/1999 2:13:00 AM
From: Smooth Drive  Respond to of 99985
 
Hello Jerry,

Doing fine and thank you.

My High Low Bullish % chart reversed up tonight to the 24 box. Approximately at the spot when it reversed up on 3/4/99. If you look at the last 10 days of data you can see that today's reversal up was somewhat weak.

NYSE NYSE 10 Day
New New Moving
DATE Highs Lows Average

08/19/1999 42 90 0.3182 0.2482
08/18/1999 51 67 0.4322 0.2327
08/17/1999 48 93 0.3404 0.2064
08/16/1999 46 128 0.2644 0.1902
08/13/1999 44 150 0.2268 0.1825
08/12/1999 56 165 0.2534 0.1814
08/11/1999 44 231 0.1600 0.1712
08/10/1999 43 338 0.1129 0.1838
08/09/1999 59 235 0.2007 0.1964
08/06/1999 42 200 0.1736 0.1933
08/05/1999 39 201 0.1625 0.2062
08/04/1999 37 181 0.1697 0.2273

The next few day's data will give us a better idea of the strength or weakness of this reversal.

Take care,

Eric