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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Challo Jeregy who wrote (24784)	9/3/1999 1:00:00 PM
From: donald sew	Read Replies (1) of 99985

Challo, Still dont see a good entry point to the upside, so I will just sit it out for a few days and watch the follow-thru on this rally next week in the price and the market internals and the U.S.DOLLAR. Its interesting to note that the the NEW HIGHs have improved but is only slightly above the NEW LOWs. It does take a few days for the NEW HIGHs/LOWs to work thru, so I wont make too much of it at this time. Just an observation, and something to watch next week. seeya

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