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


To: Challo Jeregy who wrote (5494)2/5/1999 10:25:00 AM
From: donald sew  Read Replies (3) | Respond to of 99985
 
INDEX UPDATE
=======================================

At this momement the DOW is up, with the following internals:
1) up/down volume about the same
2) declining issures greater than advancing issues
3) new lows exceeding new highs
4) TICK is negative.

With the market internals quite weak as a whole, it is interesting to see that the the DOW is still up in light of the TICK being negative.

From a subjective viewpoint, not sure what to make of it, except to speculate that maybe its the small buy-on-the-dipsters are buying few issues. If I am correct that its the small dipsters buying, I speculate that such may not last too long unless the big boys step in.

Any comments.

seeya