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

To: HairBall who wrote (12795)	5/4/1999 9:35:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

LG, GS, might be great stock -g- I'm looking at the info highway and the asphalt highway. GM and CSCO both have 4 month ascending triangle bases (which are not valid until broken) Summation index gapping upward and the oscillator staying above the 100 area for a very nice amount of time showing strong internal momentum. IBM as leadership. I'm also looking at a very crisp double bottom in the xci at 800, we could get a rotation back to laggard computer tech as the Dow corrects from this overbought condition. It's hard to be bearish while I'm looking at the gaps upward in the summation index. The 9 month cycle may have gotten whacked by the flush last fall. bwdik