MDA - Market Direction Analysis Message Board

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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: Ditchdigger who wrote (41700)	2/29/2000 2:16:00 PM
From: James Strauss	Read Replies (2) of 99985

The Market... *************** looks like a bear trap to me...Sapping a lot of liquidity out of the dow today,IMO...DD DD: I'll take a Bear Trap like this any day... : > While New Lows are still relatively high on the NYSE, the New Highs are overpowering the New Lows on Nasdaq, Amex, and Bulletin Boards... finance.yahoo.com This means that the broader market,(where the growth is), is outperforming the oldies but goodies... : > While I'm always cautious, I'm not looking this gift horse in the mouth without taking advantage of this favorable environment for as long as it lasts... Small caps and overseas have the best Relative Strength... Jim

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