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

To: Debra Orlow who wrote (3348)1/6/1999 7:40:00 PM
From: Kris  Read Replies (2) | Respond to of 99985
 
Questions for the chartists:
1. If the Dow retracts tomorrow, would that constitute a failed signal? Thus signaling a further pullback?
2. Art Cashen on CNBC said that the floor traders are talking about a reverse head and shoulders, not a double top. Do you all agree, or is it too early to tell?
Just trying to make sense out of this bazooka.
Kris



To: Debra Orlow who wrote (3348)1/7/1999 11:07:00 AM
From: Challo Jeregy  Read Replies (1) | Respond to of 99985
 
Morning Debra. Just as a comparison- IBD's #'s -

             NH      NL
NYSE        130     10
NAS         166     12
AMEX         20      2


Thanks for your timely info.
BTW, they won't look like this at end of day, today.
So far, A/D is 821/1879

Challo


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