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

To: HairBall who wrote (54393)6/16/2000 11:26:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
It'd be tough to be positive on Dow/NYSE/SPX with Automotive index in crash mode. Now within a point of 52-week low and closing in on October 1998 lows. My AIQ market log unconfirmed signals ratio last night was at 74% sells which is a recent high but still in caution range of 70-79%.



To: HairBall who wrote (54393)6/16/2000 11:31:00 AM
From: el paradisio  Respond to of 99985
 
LG,<move should be dramatic>I agree,INDU must hold here,
and not lower than 10,560. Closing at 10,560-10,590 will not be bullish as well.
el


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