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

To: Monty Lenard who wrote (9739)	4/3/1999 8:27:00 PM
From: Wildstar	Respond to of 99985

All, I've updated the charts on my market breadth website: members.xoom.com As you can see, the 25 day cumulative Adv-Dec line is very close to turning positive. as you can see from the chart, in the past, this has been a buy signal, at least short term. Right now, the value of the 25 day cumulative Adv-Dec line is -1390. During the next five days, the first 5 days of the last 25 days' summation (Feb 26 to Mar 4) will be expunged from the total, and those first 5 days' Adv-Dec line cumulative total was -165. Taking -1390 - (-165) = -1225, during the next week, the cumulative Adv-Dec will have to be > +1225 to produce a short term buy signal.