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


To: Challo Jeregy who wrote (28828)10/8/1999 2:22:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Numbers according to Yamner site

Advancing Issues 1335 1729 224
Declining Issues 1504 1895 239
Unchanging Issues 556 807 163

Advancing Volume 319784420 368614546 16983700
Declining Volume 310324210 329932158 6747670
Unchanging Volume 17997940 29544116 1604320
Total Volume 648106570 728090820 25335690

New Highs 41 70 3
New Lows 112 81 21

EDIT - Wanted to get those out quick so now I talk <g>

Just wlked in the door and am seeing Don's (and LGs) sector rotation as usual. Oils, semis etc getting hit, airlines still up I assume on oil's drop. Haven't had time to run through all the stocks I watch, just some sector indexes. Market acts like it wants to go up despite the higher Bond yield - AGAIN -

I am starting to think that the Max Pain of 692 a couple weeks ago may be what is propping this up. I have been unable to recompute it though recently due to the two sites I know of that used to give easy to import option data giving bogus data. I just priced XAL puts and they aer showing prices from a few days ago still. My numbers are rarely the same as Ben's so I don't want to go by his.

Gotta run and see what all the individual stocks I track are doing to give me a better feel for what is going on.

Good Luck,

Lee

PS - Why is it everytime I walk in the door and start to bring my screens up, the market starts dropping? I am starting to think my friends are right and I am a jinx. <ng>