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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: BILL G. WRIGHT who wrote (1397)	12/12/1998 1:54:00 PM
From: StockOperator	Read Replies (2) of 99985

Bill, I agree with the call you made regarding option expiration and especially the time of year we're heading into. Take a close look at Friday's action. S&P up NASDAQ up strong after what looked like a ugly day. All this on the heels of impeachment news. The market consistently surprises most investors and I think this time will be no different. I'm taking my cues from the NASDAQ which is clearly ahead of this most recent rally but watching very carefully the Russell which IMHO is in the process of turning around. I think January is going to be an explosive month. StockOperator

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