MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.48

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To: StockOperator who wrote (34405)	12/1/1999 2:20:00 PM
From: StockOperator	Read Replies (1) of 99985

The market overall is at a crucial spot. The bullish trends established are still intact but I would have to say that today's close is very important. The DOW especially needs to close strong today. This avg. is running into a serious brick wall and imo needs some sort of catalyst to push through. The jobs report on Friday may help, however, I believe the trump card for the bulls may indeed be some sort of deal in the Microsoft case, which could come as soon as Friday. The chart for MSFT is right at the breakout point. Definitely the company to keep an eye one here. Good trading. SO

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