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

To: Fun-da-Mental#1 who wrote (52670)	5/31/2000 8:29:00 PM
From: Les H	Respond to of 99985

GE, AXP, and C in congestion patterns markets.tradingtech.com

To: Fun-da-Mental#1 who wrote (52670)	5/31/2000 8:30:00 PM
From: Les H	Respond to of 99985

Cisco too markets.tradingtech.com

To: Fun-da-Mental#1 who wrote (52670)	5/31/2000 9:28:00 PM
From: OldAIMGuy	Respond to of 99985

Again this week my indicator has shown further decline in market risk. aim-users.com The NASDAQ Hi/Low Logic index (Norman Fosback) is well into bullish territory and is usually a pretty good short term indicator (three to six months out). With only a handful of new highs last week there were nearly ten times as many new lows posted on the NASDAQ. When EVERYBODY hates the market the contrary view is that we've nearly reached the bottom of the cycle. Best regards, Tom