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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: pater tenebrarum who wrote (51319)	5/19/2000 5:20:00 PM
From: Michael Watkins	Read Replies (1) of 99985

Heinz - ACI, wow! Curiously low volume for such a move, but that's not a big indictment with some of these stocks, as under followed as they are. It may well be that the NYA holds up; even the TSE in Canada is shrugging off some of the tech inspired selling with gains elsewhere. But I think capitulation will be accompanied by a general sharing of misery everywhere ;) Interesting that the US dollar index has failed its test of top; and it appears that EC00M may be defending a bottom.

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