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

To: donald sew who wrote (7565)	3/5/1999 9:45:00 AM
From: Les H	Respond to of 99985

cbs.marketwatch.com

To: donald sew who wrote (7565)	3/5/1999 10:11:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

donald: That "guitar" has got to be playing that tune...the DJI is in a Class I sell by now, right? I know my "new" intraday stuff, not quite ready for prime time indicators, is telling me the DJI is overbought at the extreme range of the indicator...<g> Per our tele conversation, I was expecting another rise, but not quite so dramatic....but you know the bboys always want to leave as many at the station as possible. Now, I am sure the BTD'ers are running along side and trying to catch the run...I suspect that is not a good idea...<g> You know the TYX.X is still higher than when the previous high was set in the DJI in early Jan. BWDIK Regards, LG