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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

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To: Benkea who wrote (32144)	11/3/1999 9:12:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

That is because the free glue bottle give away went by like a charm. I am watching QCOM shares fly by at 250 a share up over 12% because they are going to split 4-1. Now let me see. They beat estimates by 3 cents a share. So if they do the same next time, there won't be enough pennys to go around to the 4 times as many shares. Ooops, guess they will have to lower estimates before teh next earnings report. On a serious note, I got a class 2 over sold on the TYX last night and I am starting to get over bought on most of the tech leaders but no hard signals yet other than a class 2 on the NASDAQ. I am getting a bit nervous ahead of the employment report Friday with my indicators so high. I guess AHP and WLA will carry the indexes some today. Rotation rotation rotation! Good Luck, Lee

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