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

To: Debra Orlow who wrote (3338)	1/6/1999 1:41:00 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 99985

Debra - You are right!!!! DUH! Yes, combined #'s. NH NL NYSE 77 6 NAS 83 16 AME 11 7 And I'm almost sure IBD would not include <$12. I stand corrected. The #'s seem to match yours. Challo

To: Debra Orlow who wrote (3338)	1/6/1999 7:56:00 PM
From: Zeev Hed	Respond to of 99985

Debra, some reports also include preferred stocks, which should not really be counted for TA purposes. I any event, today we finally got solid proof that the participation is broadening, could be just the ripe time for a little correction. In general, the fact that we had only one day since the interim low around 8650 or so last month in which the tick got above 1000 should be construed as positive. It means that we are going full speed ahead without being over enthusiastic. I would say that the next time (tomorrow) that we get a tick above 1000 would be a signal that a minor consolidation is coming. Nothing serious, however. Zeev