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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: James Strauss who wrote (332)	12/4/1998 2:45:00 PM
From: James Strauss	Read Replies (3) of 99985

New Lows Creeping Above 40 Again... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ We've now had 5 days in a row of New Lows above 40... This usually occurs in a weaker rather than stronger market... This rally seems suspect even though there are positive Advancers and up Volume... New Lows have to come down and New Highs have to go up... It wouldn't surprise me if we see a last half hour market drop or a Monday drop... Jim

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