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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST

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To: Lee Lichterman III who wrote (28840)10/8/1999 3:13:00 PM
From: pater tenebrarum  Read Replies (3) of 99985
 
Lee, according to my observations of the stocks i watch on LV2 and the strange negative tick that persists on up days and the continued weak internals, all point to the current rally from the recent lows being a distribution type rally. if so, most if not all of the gains should be given back within the next two weeks.

regards,

hb
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