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


To: el paradisio who wrote (45625)4/11/2000 4:32:00 PM
From: AllansAlias  Read Replies (1) | Respond to of 99985
 
What does $1 in MSFT loss translate to INDU or NDX points more or less these days? (If there is a link to daily updated weighting lists I can of course figure this out myself.)

el paradisio, Do you find the NDX gives cleaner signals than the COMPX? My thinking on concentrating on the COMPX was that a sick general looks sicker when following a thinner index, but I would appreciate being shown the error in this thinking.

BTW, I make MSFT support higher than $78. (It is apropos that my Wintel beast is now starting to burp errors. Time for the half-day reboot!) Anyway, I recall it being somewhere just above $80 from spring 1999 timeframe, but this discrepancy may be because I trust highs for support more than lows. The lows for that period are in the high $70's.

--Allan