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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: Jerry Olson who wrote (24321)	9/1/1999 1:53:00 AM
From: Ms. X	Read Replies (1) of 99985

Jerryberry! How you doin' hon? Hey, the DJBB reversed back down which is real bad for interest rates (unless this is making a bottom 98.8 to break it). Also, the 10 week reversed down again (99.987567453% sure it did). This too may be making a bottom but if not it has some room to move down. The High Low and the OPTI are still holding but we are watching closely. With the NYSE BP in O's everything is weighted to the downside. Lot's of new sell signals over buy signals today. Tomorrow night is the official indicator update. Be careful. Remember, being in cash is playing the market especially when things are so tough. Plenty of time to play later when things are stacked in your favor. Take care my love. Jammy.

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