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


To: James Strauss who wrote (1547)12/13/1998 1:27:00 PM
From: Trumptown  Read Replies (1) | Respond to of 99985
 
"Note how the transportation average is also breaking resistance levels to the downside..."

What makes this particularly troubling is that that the price of oil is WAY down...and this should be helping the transports...right?

I'm also amazed at the visual/graph/chart similarities to the July peak...except this one seems a bit more exaggerated...

Who nows, but all things seem to be in place for a nasty slide...

SR



To: James Strauss who wrote (1547)12/13/1998 3:52:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Bigger is better

economist.com



To: James Strauss who wrote (1547)12/13/1998 10:39:00 PM
From: James Strauss  Read Replies (1) | Respond to of 99985
 
Globex Is Negative...
cme.com

And now there is a crack in the NDX... If this falls with its MSFT's, INTC's and DELL's, it takes out one of the props that was holding up the market...

Jim