MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.70

+0.7%

Nov 26 4:00 PM EST

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To: Les H who wrote (27852)	9/29/1999 11:45:00 AM
From: Robert Rose	Read Replies (1) of 99985

Despite the weakness in the djia, spx, etc, the inet generals are now advancing together: ebay catching its breath after a recent 100% advance, yhoo still in uptrend 60% above its recent low, aol and cmgi joining ranks this week on good volume, and now amzn pulling up the rear with a major advance today on huge volume.... no way are daytraders responsible for this kind of action, institutions are showing a lack of serious concern for interest rate increases going forward, and accumulating for the LT in a serious way. Any other interpretations?

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