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

To: Carl R. who wrote (3497)	1/8/1999 12:59:00 PM
From: Compadre	Read Replies (1) \| Respond to of 99985

Carl: I called the Schwab office and they told me that this was due to the extreme volumes today. I am gaining more confidence today that this is some sort of top due to the extreme volumes. I have said this before, that I thought that the volume in the last couple of days were so heavy that we were close to an intermediate top for the NAZ. The NYSE on the other hand did not support this theory, but today's action may tell if I am right. As I type the NAZ VOL is 744M and the NYSE VOL is 532M. It is now 12:55 PM ET. Jaime