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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: NickSE who wrote (4527)	1/22/1999 1:00:00 PM
From: StockOperator	Read Replies (1) of 99985

"Weekly closing prices cut through the noise of volatile trading periods." There's still plenty of time left in the trading day, but when you see companies like Phillip Morris trading higher in spite of their recent news, should make you think twice about the direction of things. IBM down 14 after blowing they're quarter out. Plus major brokerage firms announcing $230 price target? Come on what are we really seeing here - accumulation or distribution? SO

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