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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.63

-0.3%

Dec 8 4:00 PM EST

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To: Terry Whitman who wrote (3572)	1/9/1999 2:49:00 PM
From: StockOperator	Read Replies (2) of 99985

Terry, Call it what ever you want. The fact of the matter is there is a huge segment of the market that hasn't participated in this rally. One of the main complaints from the bears has been how narrow the breadth has been. Small and midcap have under-performed for years. So whether you or I believe this market is under or overvalued, really doesn't matter. I'm more interested in where we might be two months from now. SO

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