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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: donald sew who wrote (32461)	11/5/1999 5:06:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Donald I am subscribing more and more to a blow off top that Heinz was speaking about. I think the indexes are irrelevant if you are not in the index. It seems to me that there is concerted efforts to raise certain stock above and beyond any realistic move, most those stocks are in the high tech area. Their rise is like a stick up of 10 to 20% NAZ going up at 3 times the rate of the SPX indicates of extreme speculative impulses and they are soon to pop and reverse. BWDIK Haim

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