Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: el paradisio who wrote (45587)	4/11/2000 12:09:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

el paradisio: My data is full of intraday holes so I am somewhat winging it again today. As mentioned in earlier posts, I look at the NYSE and NASDAQ as behaving as if they are seated on opposite ends of a seesaw with the overall market's center theoretically being the axis of the seesaw. Capital is moving back and forth between perceived opportunity and perceived safety. Think of the seesaw as also moving up and down as the two exhanges seesaw. At time both seats can be moving in the same direction before enough funds transition from one to the other and visa versa...<g> So, the NAZ can begin to recover/rebound while the Dow continues up...for a while! Keep an eye on the axis of the seesaw for overall market direction. I think as I am typing the IND is beginning to look a little topy intraday. However, I think the axis of the seesaw may be getting ready to drop intraday as well...we shall see! Regards, LG