MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

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Nov 28 4:00 PM EST

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To: donald sew who wrote (2280)	12/18/1998 2:36:00 PM
From: StockOperator	Read Replies (2) of 99985

Donald, It is still early in the day but with the NASDAQ hitting record highs today, CSCO and YHOO plus many other big cap tech. co's breaking out of bullish consolidation patterns, broad market participation by all the averages with momentum building,, its pretty gutsy of you to go against the trend. Look at all the negative news that this market has digested in the past couple of months and yet it continues to drive higher. I will definitely be watching the market very carefully here for the early signs of a trend change, but right now I just don't see it. Good luck trading. StockOperator

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