SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (1609)12/13/1998 10:17:00 PM
From: James Strauss  Read Replies (2) | Respond to of 99985
 
McClellan Summation Index Says "DOWN"...
decisionpoint.com

Good analysis Zeev...

The McClellan Summation Index is doing what it did in July when the market tanked... Since this is an average, it takes time for it to react to the market... But when it does react, the direction usually tracks the market...

Also, those New Lows are threatening to go over 100 again...
decisionpoint.com

Not a healthy sign for market internals...

Jim



To: Zeev Hed who wrote (1609)12/14/1998 4:49:00 PM
From: Dnorman  Read Replies (2) | Respond to of 99985
 
Zeev: In am confused you said things were bullish till 8650 and 310 on the SOX. Then today you said a major breach had been made and you weren't waiting on 310 in the SOX. Does this have anything to do with the volume on this downward move or is some other factor changing these targets?

Dennis