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


To: Fun-da-Mental#1 who wrote (28007)9/30/1999 6:27:00 PM
From: Fun-da-Mental#1  Read Replies (1) | Respond to of 99985
 
Market internals improving

A/D and NH/NL have been progressively turning around this week, volume has increased, and broad-based indexes like the Russel 2000 have been outpacing the market leaders. Maybe we are at a significant short-term bottom, similar to early August. I'm tempted to go long, but since I still think we're in a long-term downtrend which could accelerate at any moment, I'll stay out of it.

Fun-da-Mental