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

To: Debra Orlow who wrote (2487)	12/21/1998 5:31:00 PM
From: HighTech	Read Replies (1) \| Respond to of 99985

Sell Signal: NYSE 5-day TRIN is 3.991 Sell Signal: Nasdaq 5-day TRIN is 2.717 (WOW!!) The Naz 100 is 32.4% above its 200-day EMA; around July 20, 1998, it was 24% above EMA. (Nosebleed territory or you ain't seen nuthin' yet?) HiTech

To: Debra Orlow who wrote (2487)	12/21/1998 6:10:00 PM
From: Compadre	Respond to of 99985

Debra: You are probably right. As far as the Money flow oscillator, it appears to be giving a buy signal to me. If Donald is right on his sell signal tomorrow, I have a feeling that it will be short lived, (a one day event). The NAZ is so strong. It is true that it is signaling sell on extremely overbought signals. which in the past I have noticed that the sell-off's lasted only one day. My bet is a resumption of the bull trend on Wednesday. Regards, Jaime