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


To: HairBall who wrote (11386)4/19/1999 10:13:00 AM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Larry,

When the DOW was up about 100 points here are the sector indexes which were up over 1%:
XOI - oils
OSX - oil drillers
BKX - banks
CYC - cyclicals
RLX - retail
TRAN - transports

The HiTECHs is the weak area with the DOT leading on the downside.

Rotation is continuing again.

The NEW HIGHs/LOWs are very positive for the NYSE and have improved
significantly, so the DOW rally is steaming at the expense of the HiTECHs.

Seeya

seeya