MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

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Nov 10 4:00 PM EST

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To: Terry Whitman who wrote (4708)	1/26/1999 4:07:00 PM
From: StockOperator	Read Replies (1) of 99985

Sitting in a little coffee shop in Monteray. Weather is lousy. I feel like a lost puppy without my computer and software packages. My hat goes off to anyone that can make money trading on fundamentals alone. Anyway the market looks good so far. Momentum is building. There are many things happening that could affect the markets. I saw a report the other day that referenced the President's proposal for investing part of social security monies. It was said that they are trying to determine where the monies would be best invested. They mentioned indexing. Which is scary, when you look at the multiples on the S&P. However, I was surprised when they mentioned the Wilshire 5000. Imagine how quickly the small cap market would come to life if this idea is looked at seriously. Right now of course its all talk. But definitely something to keep an eye on. Keep an eye on as many segments of the market as possible. If momentum builds through the end of the week, we may be ready for a push into higher prices. Good trading. StockOperator

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