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


To: Lee Lichterman III who wrote (12733)5/3/1999 2:14:00 PM
From: Mao II  Respond to of 99985
 
ip up 2 3/4



To: Lee Lichterman III who wrote (12733)5/3/1999 2:19:00 PM
From: Compadre  Read Replies (1) | Respond to of 99985
 
Lee: I think it is the usual suspects. OIX +2%, TRAN +.9%, UTIL +1.3%. But DOT -3.8% and the NAZ and NDX -1%.

NAZ and NDX are oversold already, but there is some more down side IMHO.

Regards,

Jaime



To: Lee Lichterman III who wrote (12733)5/3/1999 2:31:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Lee: I will have to look that over at the end of the day. I do not track all the Dow 30 issues during the day. Just six.

I suspect (gut feel) this movement up in the Dow Industrials and Transports is closing in on exhaustion. Maybe it is time for the Dow Indices and TYX rates to fall in unison again...<g>

Regards,
LG



To: Lee Lichterman III who wrote (12733)5/3/1999 2:51:00 PM
From: bearshark  Read Replies (4) | Respond to of 99985
 
Mmmmmmmmmmmmmmmmmmm MMM broke out of its rectangle. Post-its through the LAN and a better-than-expected lousy earnings report.

quote.yahoo.com

Who needs internet stocks when there are INDUs.

Edit:

This chart shows how this slug is burning. RNWK move over!

quote.yahoo.com