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

To: pater tenebrarum who wrote (41391)	2/25/2000 8:52:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

heinz blasnik and All: I will be updating my charts again this weekend. I just downloaded my end of day data and the WOW charts are even more interesting this weekend than they were last. I will be including some intraday QCharts as well. In late November of last year I first posted my WOW COMP (Dow Jones 65 Composite Index) Daily Semi-Log Chart, pointing out the extreme increase in daily volume. I pointed out this was likely distribution. I continued to periodically post this chart pointing out this increase in volume from late Oct into the first of the New Year. With the INDU now down about 16% from the "actual" intraday high on 1/14 to today's low, I think my expectations of distribution were correct...<g> I will be doing an update this weekend as well. For those of you who do not have the site bookmarked you can find it at... homestead.com Regards, LG