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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: JOHN W. who wrote (77275)	5/21/2001 6:29:23 PM
From: Robert New	Read Replies (1) of 99985

I agree that this move goes farther than many believe currently. Climbing that wall of worry as they say. The volume today far exceeded the volume on any pullbacks in recent days...thus the trend continues. Just have to go with the charts and they are saying we go higher...many nice cup and handle formations in the process of breaking out. The broad market participation is quite encouraging for the sustainability of this rally for some time to come.

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