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

To: donald sew who wrote (16133)	6/5/1999 2:18:00 PM
From: vampire	Read Replies (2) \| Respond to of 99985

thanks, but i dont understand why that would occur - i thought window dressing occurs so that fund shareholders would see winners in the portfolios of their funds - no? V thanks for the lesson

To: donald sew who wrote (16133)	6/5/1999 7:27:00 PM
From: jjs_ynot	Read Replies (3) \| Respond to of 99985

MACD UPDATE Intermediate trend (2-6 weeks) TRAN - Still trending down strongly Dow - Down trend has flattened but no buy signal SPX - Turned up slightly after a number of down weeks, no buy signal yet OEX - Turned up slightly near 0 after a number of down weeks, no buy signal yet NAZ - Flattened but no buy signal NDX - Turned up slightly after a number of down weeks, no buy signal yet SOX - has turned up and is at a point of giving a bullish crossover MSH - Has turned up / no bullish buy yet DOT - Still trending down IIX - Still trending down BKX - Appears to have flattened out TYX - Turned back up no sell signal (buy signal on bonds) yet HFX - Flattened out DRG - Appears to have just given a bullish buy signal RUT - Moving down appears to have flattened XAU - Has flattened out in a down trend UTIL - A long uptrend has flattened out We may have found some support. It will be important for the market to hold or improve from these levels to give buy indications withinthe next week.