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


To: James F. Hopkins who wrote (23813)8/25/1999 5:21:00 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 99985
 
This market moved up today on strong volume.

quote.yahoo.com

Transports about to touch the 200 dma

quote.yahoo.com^DJT&d=1ym

Utilities touching 50 dma

quote.yahoo.com^DJU&d=1ym

S&P technically overbought

Everyone moving out of safe-haven stocks back into techs



To: James F. Hopkins who wrote (23813)8/25/1999 5:55:00 PM
From: briskit  Read Replies (2) | Respond to of 99985
 
Yep, and it looks to me like 5-6 stocks make up over 35% of the NDX, so even it is strongly influenced by those few--MSFT, DELL, INTC, WCOM, QCOM & SUNW (2&3% respectively). The NDX was up another 20% more than the COMPX.