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


To: Moominoid who wrote (6818)2/22/1999 10:29:00 AM
From: Les H  Read Replies (3) | Respond to of 99985
 
Anything is possible. Lately there has a secondary top before the bull run is over for each 9-month run. December 96/March97, July 97/October 97, April 98/June 98, January 99/?, etc. The leader stocks in the OTC Prime Index (OTX) are consolidating at the 50-day moving average before a potential run for the next top. As is the S&P 400 Mid Cap Index (MDY).