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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.92-0.7%Dec 31 4:00 PM EST

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To: StockOperator who wrote (3072)1/8/1999 11:41:00 AM
From: James Strauss  Read Replies (1) of 99985
 
SO:

Congrads on some great calls...

You can't fight the tape...

Here we have a big jump in the labor numbers which would usually knock down the market on FED interest rate psychology change speculation... But, instead, the market is shrugging it off... This is the clearest sign of a market that wants to go higher...

Jim
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