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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.03+1.0%Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (22504)8/9/1999 12:51:00 PM
From: Les H  Read Replies (1) of 99985
 
WMT is one of the five highest correlated to the Dow. WalMart has broken below prior support. JPM is the other of the gang of five to have broken down. The other three: Citigroup, GE, and American Express are moving slowly toward the May/June lows.
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