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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.92-0.7%Dec 31 4:00 PM EST
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To: UnBelievable who wrote (53709)6/12/2000 8:41:00 AM
From: Les H  Read Replies (1) of 99985
 
I'm looking for slightly higher market earlier in the week or the tradeoff of strong breadth as on Friday in lieu of it. That would push my market log signal ratios up to a sell signal by mid-week. Otherwise, we would muddle up gradually probably at the expense of the Dow/NYSE. The Autos and Retailers look to be the first groups to be the next bottom-fish candidates by July/August, followed by Banks and Financials.
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