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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: John Madarasz who wrote (33387)	11/13/1999 9:30:00 PM
From: Dwight E. Karlsen	Read Replies (1) of 99985

John, how did the market fare in Nov-Dec '97, as you recall? I recall Santa pulled a no-show. But, perhaps it just a bad dream. edit: I'm not saying there will be no Santa Rally in the Nov-Dec-Jan timeframe. I'm just saying that I doubt such a rally will exceed the one from late Oct to now, percentage-wise. But that's just my opinion. I'm also of the opinion that there will be some kind of pullback between now and any so-called Santa Rally.

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