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


To: Benkea who wrote (26813)9/23/1999 1:23:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Benkea,

Just a few moments ago the DOW was up 30 and the NAZ down 7. Is that a little hint of possible sector rotation out of the NAZ. Also noticed that the in about 2 minutes the NAZ then dropped from negative 7 to negative 17. Interesting.

Its too early to be too confident on a call, but it appears that the short-term top may be in for the NAZ.

seeya



To: Benkea who wrote (26813)9/23/1999 1:26:00 PM
From: Teresa Lo  Respond to of 99985
 
I guess it all depends on what happens at $75 for Safeguard. Chart is similar to YHOO.