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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: donald sew who wrote (33674)	11/18/1999 2:50:00 PM
From: Benkea	Read Replies (4) of 99985

Don: Yep, I am watching all kinds of things like that. Complacency is rampid, and we appear to be churning with all the volume and no appreciable increases with poor internals and a VIX back at 20. Everyone's bullish, so everyone's invested. That doesn't leave much new money - eh? Holidays are a time for spending on gifts, travel, etc - not investing - right? We are going to pullback here or begin the blow-off - no in between.

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