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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.04

-0.1%

Dec 9 4:00 PM EST

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To: Lee Lichterman III who wrote (31875)	10/29/1999 7:23:00 PM
From: Benkea	Read Replies (1) of 99985

Lee: Most of my stuff today had 50, 100% or more over average daily volume to go with the rocket rides. I just don't see the utility in questioning two back to back waaaay high volume days that took things through resistance and downtrend lines like they were butter. I would be shocked if this thing didn't go considerably farther. Only caveat: There is something to be said for window dressing which would be complete today (ergo: trouble 11/1 and on). PS. Took a flyer on some TYC Jan$45s @ $3 near the close. Since I've never been to Vegas, I thought I'd see what it was like <g>.

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