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

To: S. Chiang who wrote (7835)	3/9/1999 12:12:00 PM
From: donald sew	Read Replies (3) \| Respond to of 99985

S.CHIANG, >>>>> the A/D for both NYSE and Nasdaq are still negative even when DJIA, OEX, and SPX are setting new all-time high. Definitely, this is not a good sign, is it? <<<<<< No it is not a good sign. If the market continues up, it would imply that the market bubble is just getting larger, but keep in mind the market can still move up more. Since early FEB I have been watching, playing DOW stocks like AA, BEL, IP, MMM, CAT, UK, DIS, and they are all still lagging the DOW. Fewer and FEWER stocks are supporting this runup. seeya