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


To: John Pitera who wrote (3760)1/12/1999 4:29:00 PM
From: Elroy Jetson  Respond to of 99985
 
The "over-bought" condition of the market is rapidly being corrected.
Here are the figures, with a guess of 0.84 for tomorrow. Today's 5-day closing TRIN is 3.98, tomorrow would be 4.38 at a TRIN of 0.84. Anything over 0.46 tomorrow bring the 5-day above 4.0.

+0.84? 1/13 ?
+1.26 1/12
+0.84 1/11
+0.81 1/8
+0.63 1/7
+0.44 1/6