MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: dennis michael patterson who wrote (4917)	1/29/1999 12:01:00 PM
From: John Pitera	Read Replies (1) of 99985

Talk about a tale of 2 markets doing 2 different things today... The Dow Transports have boomed up 86 and have moved above the 200 day MA that they have been riding for several weeks....bullish. The DJUA in free-fall down over 4 and within a few point of its 200 Day MA. The last time we hit the 200 day in the utes was the beginning of Aug and the overall mkt was getting ready to suck on the tail pipe. John

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