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

To: James F. Hopkins who wrote (2964)	12/28/1998 10:12:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 99985

We now seem to be about at the same point on the SP 500. They seem to try to be evasive about spelling it out. But I'm sure finance academics and professionals (eg index fund managers) know the fomrula exactly. It can't be a secret... David

To: James F. Hopkins who wrote (2964)	12/28/1998 10:16:00 AM
From: donald sew	Read Replies (2) \| Respond to of 99985

INDEX UPDATE ===================== The INTERNET INDEX(DOT.X) is now retesting its highs near 445. My short-techncials are saying a CLASS 1 SELL for the DOT.X, but if there is not a significant pullback within days, that would give a hint that it is on the verge of setting new highs rather than a double top. Previously I had suspected that the DOT.X set a mid/long-term top, now the test is here. If new highs are made, I will suspect that we could still see some more upswing in the market. Seeya