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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST

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To: Paul Shread who wrote (3856)1/13/1999 12:03:00 PM
From: Terry Whitman  Read Replies (1) of 99985
 
Hello again Paul. I see you're keeping an eye on those transports. It's been a long time since they hit a new high (last spring?) That's what you should really be looking for- A Confirmation of the new high in the industrials W/ a new high in the transports. It could still happen, but not looking too good right now. I am neither short nor long at this point. Leaning towards short though at the moment.

Regards,
TW
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