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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

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Nov 21 4:00 PM EST

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To: wmwmw who wrote (19888)	7/11/1999 8:51:00 PM
From: Benkea	Read Replies (1) of 99985

Wang: "From fundamental, a lot fewer profits warnings than last Q, all the economic numbers to indicate a strong Q;" Have you noticed the GEs, YHOOs, etc of the world selling off after reporting better than expected earnings? This would suggest those "great fundamentals" are largely represented in the post no-hike run. Further, it is common knowledge that stocks selling off on good news (even if from BS pro-forma presentation - hehe) is not exactly bullish.

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