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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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To: Monty Lenard who wrote (24403)	9/2/1999 8:57:00 AM
From: James F. Hopkins	Read Replies (2) of 99985

Monty; Looks like you hit that nail on the head but good, the nuts were weak yesterday, now to top it off the dollar is getting hit. The first support may be at Mondays low, but we could take that out easy, the next one is the low on Aug9th if we take that out then some serious troble could be ahead. I'll be dumping half or more of my xlf some time today, just in case. Jim

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