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

To: James Strauss who wrote (332)	12/4/1998 11:49:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 99985

Yes, usually even if the market fails late in the day the A/D will stay positive. So the bleeding has been stopped for the moment.

To: James Strauss who wrote (332)	12/4/1998 2:45:00 PM
From: James Strauss	Read Replies (3) \| Respond to of 99985

New Lows Creeping Above 40 Again... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ We've now had 5 days in a row of New Lows above 40... This usually occurs in a weaker rather than stronger market... This rally seems suspect even though there are positive Advancers and up Volume... New Lows have to come down and New Highs have to go up... It wouldn't surprise me if we see a last half hour market drop or a Monday drop... Jim