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

To: Arik T.G. who wrote (4678)	1/25/1999 11:56:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

Arik T.G.: Do you have a chart reference or could you provide trend line points to see the neckline you speak of. TIA Regards, LG

To: Arik T.G. who wrote (4678)	1/25/1999 12:09:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

Arik, As mentioned earlier, we broke slightly below Fridays lows early in the morning and we could easily go lower. However have noticed that the TICK is remaining in a relatively small trading range. Right now the TICK is around negative 500 but the DOW only down about 11, which is not an indication of great weakness. The lowest the TICK got was negative 700. If we get a negative 1000 tick or more, then I think the DOW will crack and go lower. seeya