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


To: KM who wrote (24552)9/2/1999 12:26:00 PM
From: donald sew  Respond to of 99985
 
KM,

>>>>> we had some awfully extreme readings on the TICK and TRIN, don't you think? Similar to August 10? I'd hate to see what has to happen for the Class 2 to morph into a Class 1 <<<<<

Although the TICK has gotten to negative 1200, its been lower in the past, so its still not at capitulation levels. Thats not to say that the market cant rebound from these approximate levels if the news is good tomorrow, just saying it could still get worse.

seeya