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

To: StockOperator who wrote (31209)	10/23/1999 9:50:00 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 99985

SO, I take no issue with your post, except one - DOW - Closed very strong this week with a huge close on Friday. This index is currently running into a major wall of resistance. One that it has failed to break out of several time before. A quick look at a weekly bar chart will reveal the downtrend still intact. Last week's high was 10718 this weeks high is 10392. The Dow's intraday high on Friday was 10520.90 and closed at 10470.25. I think you were looking at Thursday's #'s. <g>