MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: pater tenebrarum who wrote (35653)	12/21/1999 7:20:00 PM
From: bobby beara	Read Replies (1) of 99985

>>>what if the stock market continues to ignore bonds because the rise in yields is still seen as an unwinding of last years deflation fears as opposed to a serious warning sign re. inflation?<<< Heinz, this could be true and is just offering another wall of worry. The spx traded in a sideways fashion most of the year, then broke out on October 28/29 on a volume gap. It appears too many are calling for a top (me included) way too soon and the unwinding of the indecision pattern (as indicated by softie) may have farther to go, even though the unwinding is being put only into tech. btw, did anybody take my gut feel call on yahoo with a target of 450 -gg- b

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