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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

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To: James F. Hopkins who wrote (23785)	8/25/1999 10:57:00 AM
From: Les H	Read Replies (2) of 99985

CSFB also came out with a Y2K downgrade of the banks. Did you see Merrill came out with a mass downgrade of the large biotechs also? I guess they want to see another dip before we run this up to October earnings.

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