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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.63

+0.4%

Nov 19 4:00 PM EST

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To: donald sew who wrote (25496)	9/10/1999 3:56:00 PM
From: pater tenebrarum	Read Replies (4) of 99985

Don, FWIW, i am playing it. my guts said not to, but my indicators said i should...so far so good, i got lucky and caught it right at the high. all day long i was under the impression that distribution was taking place, an impression i had yesterday already. to see the Dow reverse so strongly on a day that was marked by strong bond and dollar rallies is a sign that not all is well imo. perhaps enthusiasm over the PPI was somewhat misplaced - it was after all by no means a piece of good news when looked at closely. regards, hb

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