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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: Haim R. Branisteanu who wrote (22299)8/6/1999 9:16:00 AM
From: James F. Hopkins  Read Replies (1) of 99985
 
Haim; Looks that way to me too, the dollar is up this morning
and stocks did rally before the dollar so that's a good sign,
( short term ) ..actually I expected a move up yesterday, the
fast sell off ( margin squeeze ) early on caught me napping
but in as much as things ended higher my call on the 4th was
more valid than not.
Longer term if AOL don't get back up I won't have much faith
in the nuts, but as a grope they still seem to be signaling the
over all market sentiment. This puzzles me some because as a
grope they really don't command that much of the total market
cap.
Jim
Most of our Active Blue chips are UP nicely in Frankfurt over
our close ( converted to $ ) exception are IBM, WCOM & INTC
but they are close, AOL is trading at 86 ( US ) that's up $2
if our market confirms this on the open
then a follow through to the upside should happen.
----------
Ha now it worked, squid has been getting me


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