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: Paul Shread who wrote (54220)	6/15/2000 11:05:00 AM
From: pater tenebrarum	Respond to of 99985

i can't tell you the exact numbers, but both ma's are very close to the current level of the Dow. i did notice the imminent 50/200 NAZ ma cross-over. while considered bearish normally, such crossovers have rarely yielded bearish results in the course of the mania. on the contrary, if you look at the S&P, which has had several such bearish 50/200 crossovers in recent months, they usually occurred very close to the best buying opportunities. this doesn't mean that this particular crossover is not bearish...only that recent experience suggests they shouldn't be given too much weight in one's analysis. regards, hb