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


To: James Strauss who wrote (1161)12/10/1998 2:24:00 PM
From: James Strauss  Respond to of 99985
 
Deteriorating Market Breadth...
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If the Dow doesn't close above 8925 it's likely to test the 8700 support area...

iqc.com

quote.yahoo.com

Here, we have New Lows growing... A/D negative... And Downside volume overpowering Upside volume...

Jim



To: James Strauss who wrote (1161)12/10/1998 3:35:00 PM
From: James Strauss  Read Replies (1) | Respond to of 99985
 
New Lows Growing...

decisionpoint.com

Look at the Red area (New Lows)... It's growing... Now much higher than 40... A sign of a nervous market... If we start to see New Lows > 100, Watch Out!!!

Jim