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


To: Jeffery Lakeshire who wrote (11094)4/15/1999 10:33:00 AM
From: donald sew  Respond to of 99985
 
To ALL,

I dont have enough time to do another INDEX UPDATE.

CAUTION, CAUTION!!!!!

The selling off of the NAZ and the DOT.X is scarey and the RUT is also going down. The RUT is skewed so its hard to tell if the broadening of the market is slowing.

I checked the NEW HIGHs on the NYSE and they are holding somewhat, but the NEW HIGHs on the NAZ are deteriorating.

As I mentioned only a few DOW stocks are accounting for most of the gains in the DOW, and previously it was only 2 DOW stocks.

QCharts is down right now so I am not getting information quick enough. The NYSE is down but I cant get the VGY.

WOW the NAZ has already sold off about 90+ points from its intraday HIGHs.

The INTEREST rates are moving up.

seeya