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


To: Haim R. Branisteanu who wrote (23641)8/23/1999 5:14:00 PM
From: Les H  Read Replies (4) | Respond to of 99985
 
The Nifty 50 (NFT) was up 2% again today. IBM was one of only 5 down (out of 50) on Friday also. The Nifty Nasdaq 15 (OTX) was up 3% today.

I don't think the China thing would hurt the market until it happens. It's been in the news so much and even then their not capable of doing much. If China and Korea acted simultaneously, then that's something else.



To: Haim R. Branisteanu who wrote (23641)8/23/1999 5:20:00 PM
From: briskit  Read Replies (1) | Respond to of 99985
 
Haim, why IBM? I show it up 2 3/4 on slightly better than average volume. MD

The NDX is leading the COMPX up here, up .5% (or 20%) more today and relatively nearer the previous high as well. SPX still lagging.