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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: Les H who wrote (2320)	12/19/1998 9:21:00 PM
From: Stephen	Read Replies (1) of 99985

Lee ... re Favors ... top was December 22nd + or - 2days ... but he seemed worried about the Santa Claus rally negating this. Also stated that the only time the rallies didn't seem to take place was when there were bear markets in place (I think). Also didn't seem to think the downturn would last too long .... seemed strangely positive to me !! Good luck all Stephen

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