MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: StockOperator who wrote (3919)	1/13/1999 9:02:00 PM
From: j g cordes	Read Replies (2) of 99985

So? or So: This is options expiration and earnings period for some top flight companies. There's strong support to making long positions work through the end of this week. Regarding airlines, I agree.. long LUV and UAL. The Real was expected by those in the know. I think TBH is worth looking at, they're a strong company with excellent growth. Today was interesting in that it showed how much sideline money is available even in a selloff. INTC, YAHOO, now APPL and others will heat up the frying pan going into Friday. At SI we need to open our eyes a little because we're so focused on technology stocks for the most part. Other industries are being stood on their head. Its still a dangerous market despite the high averages and heady internet mania.

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