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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: wmwmw who wrote (19989)	7/13/1999 10:13:00 AM
From: Michael Watkins	Read Replies (1) of 99985

Looking for later recovery. Internet stocks may rally. Wang, why? AOL broke a MA support today; YHOO been looking ill for days and broke MA support yesterday; EBAY, no commentary needed; the DOT looks like it topped out; GIN broke MA support yesterday; IIX looks like a top was set... I'm not saying you are wrong, just wondering what your rationale is behind your call, and if your call is good for more than one day. Best regards Michael

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