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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: HairBall who wrote (2042)12/16/1998 10:01:00 AM
From: James Strauss  Read Replies (1) of 99985
 
Contra Thinking...
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If we have another good day in the market with overall positive breadth, we could be seeing one of those instances where the market ignores the news (Impeachment) that should take it down, and goes on up... So, today is very key as to whether the year end rally starts now or will be deferred for another week or two.. As I'm typing this the Dow and S&P are falling but market breadth is still positive...

Jim
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