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


To: Saulamanca who wrote (43779)3/21/2000 7:20:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Jim, that double back-up looks good to me and it's got a lot of pammy leg to it too -g-

sunw, csco, msft, yhoo, qcom, and several other nas 100 stocks have gone nowhere for several weeks while the biotechs have gone nutzo and back again, maybe it's time for the bigs to move out.

the ndx made a higher low today than the naz, also the xci didn't participate in this retest at all and looks very strong.

Sherm McCllelan has a Dow 30 summation index and at the low it was as oversold as any low in the last 30 years.

b