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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: briskit who wrote (21923)	8/3/1999 8:35:00 PM
From: James F. Hopkins	Read Replies (1) of 99985

Hi Mike; I saw the volume , and most of it after 12:30 looked like bargain hunters. I even flipped AOL today after she started up , I wasn't fast enough to get the bottom, and was back out fairly soon , this may not be the bottom but the volume seem to say it was a stab at it, it will be critical now that she don't drop below $86. Now she has hit this kind of volume June 14, May 26, May 5th , and April 19th was even more.. on every one but May 26 she went up right good after.. If she don't dip below todays low tomorrow, I'll take it as bullish. Jim BTW I caught CNBC going on today about INTC being the most active, but them jerkoffs never mentioned INTC volume has to be cut in half being it's on the Naz..also if you look at money from retail to retail AOL traded over 3 times what INTC did !

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