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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Haim R. Branisteanu who wrote (4141)	1/18/1999 10:50:00 PM
From: Zeev Hed	Read Replies (1) of 99985

Haim, I am not sure about oil, we had a little "scare" rally because of few cold days in the northern hemisphere, but now the whole east coast is back at unusually high temperatures. No help from Asia either on the demand side, and finally, if Bollinger is right (and we are facing a bear), commodities are not going to be the safe bet, at least not until deflationary pressure ease a little, and as usual, the sectors that are the weakest on the onset of such a bear move become even weaker,IMHO. Zeev

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