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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

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Jan 16 4:00 PM EST

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To: Crimson Ghost who wrote (50751)	5/15/2000 1:23:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

George, the bottom line is actually that neither bulls nor bears can claim victory...the market in terms of the S&P/NYA/Dow is basically where it was one year ago. same goes for the utilities. if you bought them a year ago you're beginning to break even now (excluding dividends). with the general expectation of a 'relief' rally post FOMC it makes sense to buy ahead of it, no? we'll see if the general expectation is right or not... regards, hb

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