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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 11 4:00 PM EST

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To: Temple Williams who wrote (75677)	4/25/2001 10:15:01 AM
From: Mike M	Read Replies (1) of 99985

Monday should be very interesting, and the market will have a hard time keeping its cards hidden. Should show us something. Temple, would be interested in your interpretation of the first couple days of this week. It would appear that stocks have turned rather sharply down. We have a little pause today, perhaps, but unless we show some resilience it would appear that scenario one is building up steam as the more likely scenario. If Friday has turned back down won't the COT numbers just be a simple confirmation of a work in progress<g>... Do you agree that Monday and Tuesday have tipped the markets hand?

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