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

To: dennis michael patterson who wrote (31660)	10/28/1999 9:50:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Dennis, With the DOW up 150 points my short-term technicals have already hit the overbought region and I would probably get a CLASS 1 SELL signal in 1-2 days if the market continues up. It is still early in the day, but it appears that the NDX/DOT is lagging the DOW. So the question is will the DOW/BKX move up strong at the expense of some HiTECHs. Still early, but just noticed that the DOW hit 160 and the NAZ is dropping slightly. Is SECTOR ROTATION alive still? seeya