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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: John T. who wrote (24459)9/1/1999 10:35:00 PM
From: bobby beara  Read Replies (2) of 99985
 
John, over the last couple of days i have heard one analyst or market timer after another give a bearish read or say they are in a sizeable cash position, that along with this put/call development seems to put a big question market on the bearish case.

A break above the recent high on the McClellan oscilator would be bullish.

bb
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