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


To: r.edwards who wrote (12877)5/4/1999 10:35:00 PM
From: Les H  Respond to of 99985
 
You still have the probable retest of the trendline support at 665 for the OEX. SPX also coming down to retest rising trendline from October at same time. This would be the third such retest of the trendlines connecting the October lows to the early March low. The CBS Marketwatch market roundup indicated that the advance-decline for Nets were 1-to-9 today. The Pegasus RI internet site shows the average net stock now 27% off of the highs of the year.