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


To: pater tenebrarum who wrote (33181)11/11/1999 4:01:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Heinz,

Dell just broke its trendline to the upside today. If the earnings is bad then such would be an overshoot, otherwise DELL should into an intermediate uptrend.

Did you notice that the DOT.X is down 14 with the NAZ up 40.

Back in APRIL the DOT led the NAZ down, and recently led the was one of the leaders to the upside. Hmmmm? Maybe just a one day thing or a sign of whats to come in the HiTECH sector later. Too early to tell how this divergence will work out.