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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: pater tenebrarum who wrote (42052)3/2/2000 6:38:00 PM
From: Les H  Read Replies (3) of 99985
 
Today was the first day I saw gas stations closed due to lack of gas. Don't know whether they are actually out but they've jumped about 10-15 cents in the last 2-3 weeks and I suspect people have started to top off tanks more frequently. At this rate, they'll easily be 2 bucks by Memorial Day.

Looks like the market couldn't absorb the COMS/PALM deal. It doesn't look good for the current PALM holders when they spin off the rest of the PALM shares in about two months.
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