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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Haim R. Branisteanu who wrote (781)12/7/1998 2:57:00 PM
From: gregor  Read Replies (1) of 99985
 
Hiam:

Well, I guess the feeling I had on the OSX over the weekend was the Chavez victory. I went long on the OSX at 3:45 pm Fri. After 7 or 8 consecutive down days we should have one or two positive days left in this blip.

The overall mkt has me scratching my head. The downers on the Naz outnumber the uppers today and the Russell 2000 just cannot penetrate 400. The breath just cannot penetrate to the second and third level stocks. The bb stocks are down 3 to 2 today. IMO this is not going to be a pivotal week. Better to sit on the sidelines and do a lot of homework.......gregor
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