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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

4:00 PM EST

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To: Yogizuna who wrote (22019)	8/4/1999 7:51:00 PM
From: James F. Hopkins	Read Replies (1) of 99985

Hi Yogi; I ran around and did some honey do's today so didn't watch the market as much as I normally do. I hate to say it but I'm using AOL as an indicator with $86 as the critical level ( yesterdays low )..as much as this market was down today she held above that, but most others didn't and the chance of a bounce is still with us , but it's a lot less than it was as 8 of the 11 most active did make new lows today. And the dollar is still trending down. The buy out of UK is all that save the DJI today. Jim

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