MDA - Market Direction Analysis Message Board

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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: Benkea who wrote (24373)	9/1/1999 11:02:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

A little TA help? Are we forming a descending triangle here looking for a break down later or are we forming a bullish flag for a continuation of yesterday's bounce??? Looks in between here and hard to call. Bond is moving bullish and the new construction report was better than expected. Expected was an INCREASE of .5% instead it dropped .5% so lower inflation concerns for over heating. MLJ - Thanks for the fill advice Good Luck, Lee

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