MDA - Market Direction Analysis

[TJ Parker]

> ya your woodie is better than mine -g- the only thing that
> gives some (maybe little) credence to the sunw woodie as a
> general market barometer, is that the volume of shares traded
> and it's on the most active list most of the time (of course
> wcom was there too

well, there *was* that buyout rumor on friday for sunw. though my woodies (i'd add to that not just avnx

http://stockcharts.com/def/servlet/SC.web?c=avnx,uu[m,a]daclyiay[dd][p][vc60]&pref=G

but lots of "single digit midgets", like vert

http://stockcharts.com/def/servlet/SC.web?c=vert,uu[m,a]daclyiay[dd][p][vc60]&pref=G

and akam, if you step back a week or two,

http://stockcharts.com/def/servlet/SC.web?c=akam,uu[m,a]daclyiay[dd][p][vc60]&pref=G

then, at least in the past, those spikes haven't been sustainable breakouts, but topping signs. "flight to crap", as i used to say. now this time, at least akam has been hovering up there after its breakout, so who knows ...