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

To: HairBall who wrote (41489)	2/26/2000 8:47:00 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 99985

Thanks LG. that is an important observation to factor into the IBM equation. Also, IBM after the 87 correction traded counter to the overall overall market for years I was suggesting that the IBM spikes correspond with Market tops and bottoms- it has been in sync for the last several years. After an 87 type event- It may signal for the market but not itself. <g> It would possibly be best to use another stock to confirm a volume spike like GE or some other widely held behemoth. If they both spiked and one or both turned positive- Bottom is in. Too early to talk about bottoms though. <g>