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

To: Debra Orlow who wrote (3721)	1/12/1999 8:47:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

Debra Orlow: What chart are you using. Daily or Intraday and if Intraday what interval. Looking at the Daily Semi-Log Chart I received a short-term sell on the NYSE and SPX. To receive one on the NYSE before I get it on the IND/DJI is very unusual, as the Dow 30 normally leads the NYSE. Speaking short-term signals, I am in the middle of a UTL sell. The Dow 65, TRAN, RUT and NAZ or still in buy signals. However, they are extended and close to reversals. My Short/Medium Term Indicator has gone into record territory on the NAZ chart right along the price chart. I don't think it takes a Market guru to note the Market action of late is ready for at least a pullback very soon...<g> BWDIK Regards, LG