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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.88

-0.3%

Jan 30 4:00 PM EST

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To: Haim R. Branisteanu who wrote (22374)	8/9/1999 8:51:00 AM
From: James F. Hopkins	Read Replies (2) of 99985

Haim; Looks like a rally is in place at least for the open, and the dollar is up so I expect some short covering, that should get her started up how much she will follow through I don't know. A lot will depend on the dollar to continue to take back some of her lost ground. JIM PS My XLF bets Friday may work out OK after all, if not then this won't be much of a rally.

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