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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

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To: John Pitera who wrote (5222)	2/2/1999 8:24:00 PM
From: bobby beara	Read Replies (4) of 99985

John, try .tyx here equis.com and check out the bull flag on rates. also notice the failed head and shoulders pattern that started in late december when the CRB bottomed. Also notice that todays increase in rates was a gap across the downtrendline from april. Gold has moved quickly back up and is sitting right on stiff downtrend resistance, watch and see if we get a break soon. During sell-offs money has poured into bonds keeping rates down. What happened today? bb

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