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

To: John T. who wrote (48574)	4/28/2000 4:14:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99985

Very bullish close IMHO. Advancing stocks WAY AHEAD of decliners with Dow off 150 points.

To: John T. who wrote (48574)	4/28/2000 4:25:00 PM
From: el paradisio	Read Replies (1) \| Respond to of 99985

John, Closing like that can produce another GAP UP on Mon and we don't have to worry any more about future consolidation,bullish. However Market is telling us...Wait. Final decision will be made of Monday,surprise..... el paradisio

To: John T. who wrote (48574)	4/28/2000 4:26:00 PM
From: OX	Read Replies (2) \| Respond to of 99985

I noticed the same things too. qcharts had NYSE TRIN +1.75, TICK +800 and SPX (and SP0M) -15, and NDX +2% I can't ever recall seeing TRIN and TICK so high in unison. NYSE A/D are high, but U/D vol low. overall NYSE vol is low, but not overly so. odd indeed

To: John T. who wrote (48574)	4/28/2000 6:41:00 PM
From: Les H	Respond to of 99985

You had breadth strongly positive and Most Actives mostly negative on the NYSE, thereby skewing both the TRIN and the TICK IMO. The Multinationals are responding to the sick Euro. quote.yahoo.com The NFT correlates best with the Dow and OEX, rather than the broad market.