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


To: HairBall who wrote (1681)12/14/1998 12:12:00 PM
From: RJL  Read Replies (2) | Respond to of 99985
 
Tick is looking brutal!

G'day,

With a tick of below -1200 things are looking plain nasty. INDU is holding up relatively well considering the selling pressure.

Even with that mid-morning rally, tick barely got in posivite territory. If Dow can't hold on to 8700, I would see a nice selloff at end of day.

Just my two cents.

Cheers,

Richard