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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: pater tenebrarum who wrote (19231)7/2/1999 4:18:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
Heinz, the VIX closed below 19 today I whish I would have asked for something else <GG>

This is the first time that I remember that the stock market rallied into a holiday Friday after such a strong move to the upside this week.

In my earlier stages I tried to play the pre-holiday rallies but it always was a dull market.

Teh speculation spirit is back and it smells much worse that 1987. From an arrogance point of view I think is even worse that 1929.

It is well reflected in housing prices in NYC and it slowly infects every part of life in the USA. Now they have Stock Trading Cafees in City Centers

Have a nice weekend,

Haim
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