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

To: HairBall who wrote (14352)	5/19/1999 12:54:00 PM
From: Les H	Respond to of 99985

If I were going to use a NYSE stock to analyze the Nasdaq, I would prefer LU over HWP. HWP is a special situation in that the holders are waiting for the stock to split in two. Second, LU represents more sectors that are impacting the Nasdaq: technology, communications, internet, and communications semiconductor demand. Thirdly, LU's chart can be almost perfectly overlaid upon the NDX chart.