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

To: Les H who wrote (23752)	8/25/1999 1:59:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 99985

Les; My DVI index was up .70 % but it had 137% normal volume so while things are narrow the volume on the most active is well above normal, the 5th of AUG looked to be the bottom with 168% normal, then the 11th had heavy volume, and today was also good, but this is not showing across the board and I'm not sure what to make of it. I don't have any history for the DVI like this so it has me guessing damm MSFT & DELL had some heavy volume today. Shorts getting hurt or what ? I just don't know but if I am to error I'd be more on the bullish side, although I expect a little pull back I wouldn't bet on much or for long, it's going to take some bad news to stop the up trend now. I did go into the USPIX ( short fund on the close ) but will be fast to hedge her off with long QQQ if I don't get the pull back it's just that she has run fast and I expect some profit taking but I think the trend is up, narrow as it is it won't be the first time. Jim