MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

4:00 PM EST

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To: dennis michael patterson who wrote (2211)	12/17/1998 8:14:00 PM
From: TA Trader	Read Replies (1) of 99985

Dennis, I'm not sure that you know this but having read numerous posts that you are long AMZN I thought I would post this to you. Tomorrow, Friday, on the closing, AMZN will be included in the NASDAQ 100 Index. Funds that index to the 100 will have to buy in and and are likely to push the price higher still. The last tick of the day should be very interesting. Keep this in mind also. The other big boys ie Intc, Msft, Dell, Cisco will by definition have less representation in the 100 and may see some weakness at the close.

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