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


To: Matthew L. Jones who wrote (26869)9/23/1999 4:52:00 PM
From: 10K a day  Respond to of 99985
 
LOL.
Market going higher.
Tra-La-La.
Ebay going Higher.
Tra-La-La.
Buy the the NITE.
Buy the FRIGHT.
have an hour.
have a day.
Just get the hell.
Outa my way.
Going Higher.
Tra-La-La.
Going Higher.
Love the Smell.
Going Higher.
Tra-La-La.



To: Matthew L. Jones who wrote (26869)9/23/1999 4:56:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Broader market, as measured by the NYSE Comp, made a new reaction low...

decisionpoint.com

The above chart is probably not updated with today's data, but it finished below 597. It's been struggling to recover back above the 200-day moving average for weeks and finally gave up the fight.

I don't have a good chart of Value Line Geometric with the moving averages and trendlines. The Nasdaq averages are too heavily weighted to the top tier to be considered broad averages.

If Maria comes in tomorrow prim-and-proper and induces buying at the open, then there is more downside according to the Hair Contrarian Indicator.