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

To: Skipperr who wrote (56332)	7/11/2000 11:32:09 AM
From: James Strauss	Read Replies (1) \| Respond to of 99985

In your post, you list this, bigcharts.com. Just curious, since you've applied the RelStr comparison of NDX to DJUA, how do you resolve the DJUA>NDX in terms of predicting future direction of NDX? Chip: I haven't applied the RS of NDX to the Utilities index... Do you mean the Industrials? I'm just using the NDX as a proxy for the largest new economy stocks... In today's economy it would be pretty hard to have a positive market without the NDX playing a major role... The future direction of the NDX depends on the fundamental prospects of those 100 companies that make up the index, and most importantly, the perceptions of the investing public regarding those companies... Jim