MDA - Market Direction Analysis Message Board

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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: pater tenebrarum who wrote (30406)	10/18/1999 11:22:00 AM
From: Lee Lichterman III	Read Replies (2) of 99985

Looks like very little if any new money is coming in to the market. Everytime the DOW rallies, the Bond drops and when the Bond recovers, the indexes drop. JPM is making up most of today's gains in the DOW. Still teh market doesn't look that bad although again there is a wide breadth of lower stocks and still no fear as I am noticing many of the darlings are trying to bounce after beiong lower early in the day. We are in sell program area and may have it kick in while I am typing this. The Program trading site didn't update therir numbers last night so I am winging it right now. Good Luck, Lee

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