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

To: HairBall who wrote (743)	12/7/1998 1:19:00 PM
From: Stephen	Read Replies (2) \| Respond to of 99985

Well ... the ticks been negative pretty much all day - so should I be wary because there's so much selling ... or impressed because the DJIA is holding up ......... or both ... and go do something useful (GG) Stephen

To: HairBall who wrote (743)	12/7/1998 2:29:00 PM
From: James Strauss	Respond to of 99985

LG: I like what I'm seeing today... quote.yahoo.com New Lows below 40 so far... Up Volume much greater than Down Volume... Advancers ahead of Decliners with the exception of the Nasdaq... Coordinated interest rate cuts in Europe tells me that Greenspan and his European counterparts are pulling in the same direction... A positive for our markets... The European markets seem to be more sensitive to third world economic problems than we are... As such, I'm keeping my money in U.S. equities for the moment... Jim