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

To: The Perfect Hedge who wrote (12148)	4/27/1999 3:39:00 PM
From: donald sew	Respond to of 99985

Beeblebrox, >>>> do you think the dot will break it's trend line on the test with the sell signal in effect for most of the indexes? <<<<< The DOT.X sold off greater than the NAZ and lagged the NAZ on the rebound. Today the DOT.X is slightly leading the NAZ to the downside. All giving the picture that the DOT.X is relatively weaker than the NAZ. I am also noticing that some of the big boys in the DOT.X are at new highs which is giving me the impression that the rally in the DOT.X itself is narrowing. So if the overall market heads down I do believe the DOT.X will break its trendline to the downside, since its not far from it. This is still announcement week for the internets so if the news is good there maybe an upswing which should not last if the overall market is selling. seeya