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

To: pater tenebrarum who wrote (27858)9/29/1999 2:06:00 PM
From: donald sew  Read Replies (3) | Respond to of 99985
 
Heinz,

Something interesting to note, it may be nothing.

Take a look at the SPX and OEX. At the time of this note:

DOW down 25
SPX down 6
OEX down 6.5
NAZ down 2

It is common that the SPX is in between the DOW and the NAZ on a relative basis, but so far it is in the lead to the downside. Im using the ratio of 8:1 to compare the SPX to the DOW. Also not how the OEX is down more than the SPX.

They are sell some of the big caps, it appears.

seeya


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