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

To: d j chen who wrote (61457)	10/26/2000 1:02:58 PM
From: Les H	Respond to of 99985

NDX was modified with ARBA, BRCM replacing LCOS, NTLI per Nasdaq news. Nasdaq Comp index has given a separate expert sell signal which is confirmed by the preponderance of unconfirmed reversal signals and momentum confirmed signals being sell signals. The basis for the index signal is the ROC indicator making a cycle turn down, the breadth oscillators (A/D, Hi/Lo) turning down, and the composite Trend indicator turning down. Since the index signal confirms the individual stocks, this should be a reliable signal.