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

To: donald sew who wrote (30766)10/20/1999 12:52:00 PM
From: OX  Respond to of 99985
 
yup, here's now NYSE NH NL looks for last 10 days for this time of day

format is... data time date ('===' marks 10 day average)

*** NH NL ***
38 12:40pm 7
37 12:40pm 8
31 12:40pm 11
32 12:41pm 12
14 12:40pm 13
17 12:40pm 14
6 12:40pm 15
8 12:41pm 18
15 12:40pm 19
13 12:43pm 20
=== 21 ===

84 12:40pm 7
86 12:40pm 8
75 12:40pm 11
149 12:41pm 12
219 12:40pm 13
285 12:40pm 14
390 12:40pm 15
285 12:41pm 18
175 12:40pm 19
235 12:43pm 20
=== 198 ===



To: donald sew who wrote (30766)10/20/1999 1:35:00 PM
From: Fun-da-Mental#1  Read Replies (1) | Respond to of 99985
 
1:30 pm, the S&P is holding suspiciously flat at yesterday's high. Every time it's held flat like this lately it's broken to the downside. I've noticed that lately lots of stocks and indexes have been gapping up, then filling the gap and declining further. They do this over and over, forming a sawtooth pattern. I first noticed this with Citibank (C), but now I'm seeing it all over.

Fun-da-Mental


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