MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: epicure who wrote (1693)	12/15/1998 1:39:00 PM
From: Art C.	Read Replies (1) of 99985

That's what I see, X. However I see it slightly lower to between 8300 and 8200. It broke support when it went below 8800 on the right shoulder. To be honest, I think that there are too many factors involved right now to predict what it will do in a pure technical sense. There has not been the traditional "Santa Claus" rally, and the Clinton factor is certainly the unknown factor. A lot of what the market does right now depends on what Washington does this week. Art

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