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

To: Michael Norton who wrote (1091)	12/9/1998 8:16:00 PM
From: TRINDY	Respond to of 99985

Looking at my indicators, I would have to say avoid them. Only on the Dow and the Utilities am I getting anywhere near negative readings. The S&P is positive as is the TRN and the NAZ. There might be some gain from putting the DOW, but I have to wonder whether there is much to be had on the short side. NEUTRAL NEUTRAL NEUTRAL NEUTRAL NEUTRAL NEUTRAL. That is the essence of the signals that I see right now. Has been that way for about a month now. Look to the political front for indications that impeachment will happen. That could well take the markets down for a while. Outside of that, I see no reason to be either long or short at this time, although one has to remember that we are coming upon a seaonally strong period of the year. BWDIK?