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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: James F. Hopkins who wrote (33963)11/22/1999 5:55:00 PM
From: flatsville  Read Replies (2) of 99985
 
James--

>>>and oil went up,
but the rush into stocks is still going on..<<<


FWIW Pisani said that floor traders he talked with during the day didn't "believe" oil. They didn't think the rise was real or of any duration because a program buy kicked in on the airlines.

Maybe they'll "believe" oil when it goes to $30?
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