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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: Lee Lichterman III who wrote (28685)10/7/1999 3:35:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Lee, i agree with this assessment. it was interesting that in yesterday's big rally neither the NH/NL nor the a/d line got off the mat. we'll see what tomorrow's jobs report will bring, but the bond has continued to be weak and imo will get a lot weaker still before a meaningful bottom is in. i really wonder how the stock market will take even higher yields. earnings can only carry this thing up to a point.

regards,

hb
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