MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

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Dec 2 4:00 PM EST

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To: michael r potter who wrote (31705)	10/28/1999 5:38:00 PM
From: Stephen	Read Replies (1) of 99985

Michael, your response suggests that I was placing a value on the bank/financial stocks which wasn't my point at all. My point was that the bank/financial stocks were going to rise strongest once the ECI numbers were released ... given the HWP warning which put techs out of the picture for a sure thing. So the knowledgable buying that was going on yesterday afternoon went to that sector. Its pretty apalling really ... and the SEC are investigating pump & dumpers on the message boards !!!. Course ... I mentioned that to my wife this morning ... and she just pointed out that the SEC is probably getting some favours too .... (GG). Stephen

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