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

To: BILL G. WRIGHT who wrote (9608)	3/31/1999 10:10:00 PM
From: donald sew	Read Replies (3) \| Respond to of 99985

INDEX UPDATE ======================================= CAUTION TIME. decisionpoint.com The NEW LOWs got to 183, the lowest since last OCT's bottom. I am not saying it is conclusive or that it could not reverse, but it is getting worse. Subjectively, feel that if these high levels for the NEW LOWs are maintained or go higher, such should be a confirmation of a significant pullback. I dont want to get into a bull and bear discussion, but lets just say it would be prudent to be very cautious going long. seeya