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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.63

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Nov 19 4:00 PM EST

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To: pater tenebrarum who wrote (20187)	7/15/1999 4:16:00 PM
From: donald sew	Read Replies (5) of 99985

Heinz and all, This afternoon I heard something of interest on CNBC. Ron was interviewing an analyst from Morgan Stanley wo stated that the part of the report concerning the price of gas is misleading. It was indicated that during this recent report the price of gas was recorded as declining, so this report caught the price of gas in a declining mode. However after the cut off of this report the price of gas not only moved up but shot up. This analyst gave the impression that the strong rise in gas prices will catch up and may show up in future reports. I am not a fundamentalist, so if anyone can futher comment would appreciate it. What were the specific dates that this report actually covered. seeya

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