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

To: RealMuLan who wrote (7326)	3/2/1999 10:54:00 AM
From: HairBall	Respond to of 99985

Yiwu Zhang: I was speaking of overall Market direction. It seems that moves were more blatant and in the open. (In your face stop loss runs both long and short, obvious head fakes prior to reversals, etc.) I think as far as selling the rallies as of late, the internals speak to that issue. Prop Indices with large market cap issues while sneaking out of the smaller cap issues. The big boys have been reducing exposure. Heck, several of the big houses have been up front about recommending reduced exposure to equities. I think they want to have a nail to hang their hat on, after any major decline and they don't want to loose their core business. Regards, LG