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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: bobby beara who wrote (4939)1/29/1999 9:02:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
Bobby have you watching the tape intraday?? I would agree it is a difficult call but it seems to me that there was selling pressure and they took the market up in the last hour.

I would not be surprised if Fund Manager did not short the leading stocks only to cover them into the last hour.

Having the averages high for the end of the month only draws in more suckers with their savings. It is a long term dead trap for many baby boomers.

BWDIK
Haim
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