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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: Lee Lichterman III who wrote (3177)	12/31/1998 9:01:00 PM
From: HiSpeed	Read Replies (2) of 99985

What's the call on today's action in the market? A/D line and up vol looked good yet things tanked. NH/NL looked fine. Did I miss something? Were fundies selling everything else to buy that 16,000,000 share block of AOL after the close? Predictions for Monday? Edit: looks like many companies saw huge blocks trade a point or two less than were the stock was going to close at. Was all this selling done to buy AOL? If I didn't see that 16 million share block of AOL go by @160 I don't think I would have believed it - thats ~$2.6 BILLION worth of AOL!!!

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