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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: HairBall who wrote (41330)	2/25/2000 1:59:00 PM
From: pater tenebrarum	Read Replies (4) of 99985

LG, me too...see my recent posts on put/call and Rydex ratios...interestingly yesterday three times more Dow calls were bought than puts. that is rare. the only index that saw considerably more put than call buying was the NDX, which suggests it should remain the relative strength leader for the time being. funny, both the Dow and the NAZ are at an extreme distance from their respective 200-dma's, the one below, the other above it. strangest thing i have ever seen. regards, hb

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