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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Les H who wrote (30394)	10/18/1999 11:22:00 AM
From: bobby beara	Read Replies (1) of 99985

Les, i don't believe the sentiment is that bad negative either, although the the oex putz are up, the equity p/c are still in a neutral area. Decision points rydex bull to bear fund ratio is not showing anything out of this decline - mainly held up by rydex otc. I think 10,000 was such a psyche resistance for over a year on the way up, it will take several times to test and break it, also it sits on a channel that i sent to the Chicken page today. bwdik

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