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

To: JDinBaltimore who wrote (34358)	11/28/1999 7:07:00 PM
From: stockycd	Read Replies (1) \| Respond to of 99985

Thread, FWIW...http://www.investorsalley.com/opinions/technicaltalk/ Regards, Chris

To: JDinBaltimore who wrote (34358)	11/28/1999 11:38:00 PM
From: Vitas	Respond to of 99985

JD, >>>you bulls<<< I'm not a bull or a bear, per se. Right now I'm confused. Although the a-d line has just retested its low from October, and is almost at a fibo .618 retracement of the advance in the ratio a-d line from Dec 94 to April 98, SPX is 160 points above its October low. If the ratio a-d line breaks the fibo retracement, then we are in for some serious do doo. If it holds there, with SPX where it is and the Naz never having washed out, I'm confused. It just plain doesn't make sense. Vitas