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Strategies & Market Trends : MDA - Market Direction Analysis

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To: pater tenebrarum who wrote (34563)	12/2/1999 12:23:00 PM
From: Lee Lichterman III	Read Replies (1) of 99985

Well the whole family has the flu and I am the lone survivor so I am unexpectedly on leave passing buckets and giving out medications. I missed my entry on my favorite pick and my other picks are trading flat. AS I sit here tryingto make up my mind, I am watching the bond drop, the TRIN rise and the TICK topping over threatening to swing down into sell mode. On the other hand, almost all the stocks I track are up and as gold continues to fall off the cliff, the dollar is rallying. Intra day cycles on teh OEX aren't giving any clues as it has been mostly flat all day although I do not like the way the OEX is lagging the SPX since this tells me the big boys aren't leading. I think it was Jim that always pointed out the head needs to lead and it isn't good when the tail wags the dog. Sitting on my hands trying to figure this out. Good Luck, Lee

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