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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.63

-0.3%

Dec 8 4:00 PM EST

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To: donald sew who wrote (11245)	4/16/1999 4:48:00 PM
From: Terry Whitman	of 99985

Don, I heard several times on CNBS today that the 'Wall Street' crowd was cynical that this rotation could continue. Think one of them was Creamer. I expect it to continue then.. Added to my gold position this morning. This is the Gold breakout I have been waiting for. No confirmation yet on Transports. Don't forget that they rose to within 100 pts. of confirming last July before rolling over. I will be closely watching them over the next few days as a topping or continuation indicator. Best of Luck, TW

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