MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

+0.2%

Dec 2 4:00 PM EST

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To: cary garner who wrote (21853)	8/3/1999 1:20:00 AM
From: HammerHead	Read Replies (1) of 99985

The late selling was triggered by Internet sector today, we might see a reverse action tomorrow due to this news: cnnfn.com Internet stocks tend to be even-driven and many shorts will also run for cover to push the sector higher. We might see intraday Nasdaq up 50+ and Dow up 100+ tomorrow if the Leading Indicators is within the expectation. Friday's economic data will be the key.

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