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


To: pater tenebrarum who wrote (30614)10/19/1999 2:40:00 PM
From: donald sew  Read Replies (5) | Respond to of 99985
 
Heinz,

Yesterday the DOW closed up 100 while the NAZ closed down 42, which is about a 250 DOW point divergence. Right now the DOW is up 120 and the NAZ up 6. It appears that SECTOR ROTATION is alive and well.

As I have mentioned in the past, as long as we have this anomoly/abnormality of EXTREME SECTOR ROTATION, such needs to be corrected before the market can resume its BULL TREND.

It also limits the upside, but after further thought I believe it will also limit the downside.

seeya