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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: Patrick Slevin who wrote (1332)	12/11/1998 11:24:00 AM
From: HairBall	Read Replies (2) of 99985

Patrick: When ever I see sharp spikes that are not event driven and many stocks move as a school of fish or flock of birds in unison with the major indices, I smell manipulation. I suspect this was indeed a stop run on shorts. At the very least it prevented many from obtaining better long positions. Time will tell... Regards, LG

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