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

To: HairBall who wrote (6268)	2/12/1999 9:36:00 PM
From: Stephen	Respond to of 99985

LG - I do seem to remember a time on the old thread when he and Don's analysis and numbers were pretty much identical (GG). Thanks anyway .... anyone else .... ?? Best regards Stephen

To: HairBall who wrote (6268)	2/12/1999 10:09:00 PM
From: Wildstar	Read Replies (1) \| Respond to of 99985

All, I've updated my site regarding this weeks action in the New Highs/New Lows. Both the 20 day MA and 50 day MA of the Fraction NH are dropping like a rock. members.xoom.com If you look back to right after June 98 on the chart, you can see that the Dow made a new high but the 50 day MA just barely inched up, giving a leading sell signal. Over the last two months or so, the Dow has remained in a trading range from about 9000 to 9500. During this time, both the 20 day MA and the 50 day MA of the Fraction NH have both declined.