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


To: Les H who wrote (11559)4/20/1999 10:57:00 AM
From: donald sew  Read Replies (3) | Respond to of 99985
 
Les and all,

Was watching the INTERNET INDEX(DOT) carefully this morning, and so far it is lagging the NAZ. While the NAZ was up slightly the DOT was down about 1.2%. This is a slight hint that the DOT may still be weakening. Not a good start to regain the 30%+ it recently lost.

It didnt take long for the paper product, cyclicals, chemicals to start selling off, so that could be the first clue that the broadening of the market may not last as long as many think, and that they ran up because of manic buying trying to find a avenue to invest. That type of investing wont keep the market going higher.

seeya



To: Les H who wrote (11559)4/20/1999 10:57:00 AM
From: pater tenebrarum  Respond to of 99985
 
Les, as i have said many times, the use of ground troops is a foregone conclusion. NATO *must* win the war, and there is only one way to do that.

hb