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


To: el paradisio who wrote (52810)6/1/2000 10:48:00 PM
From: pater tenebrarum  Respond to of 99985
 
e.p., as mentioned before, my biggest problem with the advance are the already overbought sentiment indicators...in fact the CNBC NAZ reporter used the term 'panic buying' when reporting on today's rally. apparently though some selling is going on underneath, as the 10-day TRIN on both NYSE and NAZ is actually in oversold territory amidst this rally.

regards,

hb