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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.89

+0.3%

Dec 3 4:00 PM EST

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To: James F. Hopkins who wrote (21863)	8/3/1999 6:27:00 PM
From: briskit	Read Replies (2) of 99985

Cap'n, tracking your MOMO %net vs SPX indicators, AOL has only once seen this kind of volume since January. In one 10 minute period today it traded over 2 mil shares, or $217,453,700. That's not chump change even if it is a fraction of LG's portfolio <gg>. Some serious distribution going on. All but 2 of your stocks traded above the 65 day average, & AOL doubled its ave. today. Talk about a short knee jerk. Whew, makes me thirsty thinking about it.

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