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


To: fedhead who wrote (24430)9/1/1999 6:35:00 PM
From: stockycd  Read Replies (1) | Respond to of 99985
 
Anindo,

The internets also haven't broken down much.

I would say that they have started to. The rest of the market will just follow....

Chris



To: fedhead who wrote (24430)9/1/1999 7:25:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Anindo,

At yesterdays close the NAZ ran up hard while the DOW and SPX sold off at the close. Today the NAZ, although it was positive, lagged the DOW, so the follow-thru today for the NAZ was only mediocre.

Although the DOT has not sold off, it is still in a longer-term downtrend and has not yet confirmed a concrete bottom.

The SOX is setting new highs but have notice that uptrend has only a slight incline. Im not sure, but it may even be a FLAG formation.

seeya