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

To: HighTech who wrote (5437)2/4/1999 3:43:00 PM
From: Elroy Jetson  Respond to of 99985
 
If the economy keeps heating up, like it did last quarter due to monetary re-inflation, basic industries will do well - and they're currently selling at fire-sale prices.

They depend more on domestic US demand than oil which depends more on a recovery in Asia. Hence $XLB is up 3% gold $XAU is up 5% and oil $XOI is up fractionally.



To: HighTech who wrote (5437)2/4/1999 3:47:00 PM
From: HighTech  Respond to of 99985
 
Is there a site that shows daily the number and/or percentage of NYSE stocks and/or Naz stocks that are above their 50-day moving averages?

TIA

HiTech



To: HighTech who wrote (5437)2/4/1999 4:10:00 PM
From: Terry Whitman  Read Replies (2) | Respond to of 99985
 
Someone pointed this site out a while back- coolhistory.com

Looks like the Rotation out of Technology and into Capital Goods and Basic Materials may have begun in earnest today.

BWDIK,
TW


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