Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: StockOperator who wrote (5634)	2/7/1999 3:58:00 PM
From: StockOperator	Respond to of 99985

There was one other interesting point about last week's trading. For months now many people wondered about a de-coupling in the NAZ. Isn't it interesting that despite the beating the NAZ composite took, the internets held up pretty well. The same thing applies to the high tech generals in the NAZ which held up well during the correction in the nutz. Its interesting to see they are not moving in tandem. Many of the nutz are at critical trading points. Look for a break one way or the other this week. These could also offer clues to market direction. SO

To: StockOperator who wrote (5634)	2/7/1999 4:35:00 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 99985

SO, P&F is paying close attention to Dow Jones 20 bond average reversal ( first since June 97' ) , also the utility index. decisionpoint.com A. G. meets with house banking panel Thursday following January retail sales figures. IMHO anything can happen. Jim

To: StockOperator who wrote (5634)	2/7/1999 9:39:00 PM
From: g_m10	Read Replies (1) \| Respond to of 99985

I'm not a technician and trying only to guess the market mood in general. I'm trying to make sense from New Highs and New Lows chart for NYSE. decisionpoint.com It shows data 2 1/2 years back. Green color for advancing and red color for declining stocks. As I can see, grass growing strong for a long period of time ended up ended up in an equally strong bloodshed last fall. Since that, we haven't seen much of grows and it was almost balanced by declining stocks. Would it make sense to conclude that coming usual spring correction will be neither deep nor prolonged, and will affect mostly culprits responsible for DOW runup? If it has been discussed on this thread. I would appreciate a link to the post. TIA