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

To: Debra Orlow who wrote (4099)	1/16/1999 11:38:00 AM
From: Les H	Respond to of 99985

Cendant's Bollinger Bands are also starting to move apart from a very narrow width. Yesterday's move closed above the top band. 21-day Stochastics are moving quickly to overbought which could mean strength coming in. Accumulation/Distribution is making new highs. OBV is about to break out of a base with the price. All of the moving averages, except the 50-day moving average which is very close, have crossed above the 200-day moving average. Been following CD also along with VSIO, ASTSF, JCI which are all breaking out of bases.