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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: bobby beara who wrote (32435)	11/5/1999 2:09:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

BB it seems to me a lot of short covering going on in selective stocks. Their advance is just a stick upwards of 10% to 20%. QCOM excluded it is a NEWER ERA stock. The impulse runup are not bonafide buying EXDS is an example it dipped to 82 yesterday and now $92 1/2 as I write this. Same apply to RMBS. Haim

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