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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: t2 who wrote (77349)	5/23/2001 2:32:17 PM
From: Robert New	Read Replies (1) of 99985

Was good to see that the latest Bullish sentiment readings fell to about 47% from 50% the prior week per CNBC. Being a contrairian indicator that can't hurt...action looks constructive so far given that we are seeing lighter volume on this selloff than that seen in the advances. We will see what the next couple of days bring...

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