Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sonny Blue who wrote (10662)	4/13/1999 9:29:00 AM
From: StockOperator	Read Replies (1) \| Respond to of 99985

SonnyBlue, Yesterday's move should make anyone short this market very nervous. The trend is establishing itself. The guys that have been calling for a downturn because of the poor breadth are also realizing that breadth can indeed be a lagging indicator. Check out the move in the RUT. As I said last week there was significant damage done to the RUT for the month of March. And for this breakout to be based on a solid footing the RUT and trannies will have to go for the ride. I believe we are seeing the breakout in the RUT as we speak. Good trading. SO