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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.97

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Nov 7 4:00 PM EST

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To: LaVerne E. Olney who wrote (34265)	11/26/1999 5:41:00 PM
From: dennis michael patterson	Read Replies (1) of 99985

He's right about the financials. Although the rate of descent slowed considerably today. The bond has to stop going up. It's probably nothing more complicated than that. But whatever the case, Shobin says that if the NYSE financial index closes below 500, we're in trouble. GE lost a little more today as well. None of this is good. Cycle top on 2 Dec

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