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To: J. P. who wrote (33971)4/15/1999 11:23:00 PM
From: NickSE  Read Replies (2) | Respond to of 86076
 
Whoa, that was a quick vacation?

re: Market Action

I think we're consolidating here to go higher. Three out of the four P&F indicators (High-Low, 10wk MA, Optional BP) that I follow have turned positive. The final indicator (NYSE BP) lags the others and if that flips up, look out. I do think this could be the last push of the year and then down we go in to the abyss.

Volume still great on the Nasdung, 1.2B shares, and little progress just some fluff on the day by running up MSFT, INTC. Still looks like a nice distribution topping action.

Disclaimer: If we crash tomorrow, I didn't write this.

Nick