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

To: StockOperator who wrote (4381)	1/21/1999 1:36:00 AM
From: HairBall	Respond to of 99985

SO: Well, there are a lot of bearish formations out there, looking at the DJI. I don't remember having as many at one time before. I guess this would be a great time for the Market as measure by the DJI to fool me and bust out...<g> Of course, there is a big divergence between the NAZ and the DJI. The RUT is supporting the NAZ and the TRAN seems to be pointing down for the DJI. This divergence has to resolve, soon! How far can this Market go without at least a true correction, you know one with a little fear...one that cleans out all the "irrational exuberance"...<g> BWDIK Regards, LG