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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: Lee Lichterman III who wrote (35315)	12/16/1999 7:39:00 PM
From: Les H	Read Replies (1) of 99985

You had a pretty close call yesterday on the Nasdaq. It might have opened this morning by filling the gap from 3450-3500 this morning if they hadn't come out with the mass broker upgrades on the SOX. We'll see if the next leg in the Dow/NYSE/SPX is a short-term broadening out of stocks with year-end bottom-fishing. marketgauge.com

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