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


To: HairBall who wrote (12487)4/30/1999 10:16:00 AM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Larry,

Its interesting to note that the SPX is lagging both the DOW and the
NAZ. It is lagging the NAZ significantly while it is lagging the DOW
only marginally. The SPX is only up 4. Hmmmmmmmmmmmm???

I believe the TRANSPORTs just hit a new high. If it is sustained and not just a one day thing then thats a positive for the market according to the DOW THEORISTs.

seeya