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


To: el paradisio who wrote (56420)7/11/2000 4:48:25 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
ELP, forget the DOW it is not an indicator of the general market anymore.

NAZ and SPX are.

BWDIK
Haim



To: el paradisio who wrote (56420)7/12/2000 9:48:44 AM
From: James Strauss  Read Replies (2) | Respond to of 99985
 
el:

The Dow keeps creeping up... Market breadth is very positive... finance.yahoo.com

Note the very bullish New Highs to New Lows ratios on both the NYSE and Nasdaq...

As for YHOO, it was a classic brokerage house set up to scoop up shares in the $100 range... YHOO is one of the major foundation posts of the internet... When brokers and analysts start their negative chatter, I know it's time to buy or add more...

Jim