MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

4:00 PM EST

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To: Haim R. Branisteanu who wrote (2740)	12/23/1998 7:47:00 PM
From: stockycd	Read Replies (1) of 99985

Haim, Can't trade the overall market technically when this unexplained strength in the NASDAQ just keeps going and going and going and going. I stand in utter amazement! I have been long with my mutual funds the whole time. The T Rowe Price Science and Technology Fund (of which I own shares) has gone from a NAV of under $24 in October to a close today of over $36. That is 50% in 2 months for a mutual fund (not counting distributions). It's crazy (but I can't complain.) I can find no technical explanation for this last week or so run up, so until things become a little clearer, I'm gonna keep my opinions to myself. GO market GO! DOW 20000 by 2000! Let it all hang out!!!!! Chris

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