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


To: James Strauss who wrote (1345)12/11/1998 2:50:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
James and ALL: Note the Dow Transports and RUT as they both turned decidedly south today and ran from their respective 200 day SMA. And this time, the Dow Utilities are playing along. Of course, the NYA stays pretty much in lock step with the Dow Industrials.

I would suspect, that the NAZ and SPX (a mix of both the NAZ & NYSE) will soon follow the most watched Indice of them all.

EDIT: Next real test, will the IND/DJI 200 day SMA hold?

BWDIK
Regards,
LG