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

To: Vitas who wrote (12604)	5/1/1999 6:38:00 PM
From: stockycd	Respond to of 99985

Vitas and all, Someone is sneaking out the back door with the goods. You got that right. I have one system set up that tracks nothing but the DOW 30. This system is built on a lot of different indicators and time factors, ect. For most of the components, it is 70-90% accurate. For the first time since I've been using it, the DOW components have gone decidedly negative. 23 of the 30 are in sell signals with IBM, CHV and AA added to the list at Friday's close. It has not yet signaled (sell) GE but is very close. Probably Monday. In my own opinion, so goes GE, so goes the market. That may seem rather simplistic and it probably is. With rates exploding Friday, MSFT, INTC, AMZN, falling out of favor, all we need to do is sit and wait. More to come... Chris