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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: Tom Pulley who wrote (83412)	9/24/2002 12:06:14 AM
From: bobby beara	Read Replies (1) of 99985

Message 18026265 most of the averages are back into the single digits above the 10 dma, the mccllelan oscillators are near extremes, there is no guarantee that we will bounce much here, but we are probably at least in the pause area. today we made new lows in the nasdaq and we continued the slide in the dow below 8000, but the st press and media indicators did'nt cover this, they were panicky at these levels in july. be careful.

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