Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: donald sew who wrote (12251)	4/28/1999 2:51:00 PM
From: StockOperator	Read Replies (1) \| Respond to of 99985

Don, But when you look back further beyond the mid-April time period I think you see a much different picture. Look at the moves the indexes have made from the beginning of April. Here are the lows and highs on an intra-month basis so far: Dow 9765 - over 10,900 today Trannies 3290 - 3679 NAZ 2329 - 2677 RUT 396 - 437 S&P 1282 - 1371 On a percentage term these gains are pretty substantial, especially when you consider they represent one month's worth of gains. So perhaps the last two weeks we have seen the market digesting the previous two week's run-up. Regards, SO