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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Teresa Lo who wrote (21884)	8/3/1999 12:37:00 PM
From: John Pitera	Read Replies (3) of 99985

the CRB does look like it's rounding up at this point. the grains have not had this type of rally in over 1 1/2 years. Y2K problems should be contributing to a bump up in the CRB as well. Q3 should give us a decline of the same magnitude as last year, poss. worse by the time we are done.

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