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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

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To: Vitas who wrote (5793)	2/9/1999 12:47:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

>>we have this time stalled at the zero line and have ticked back down below zero.<< I had to pull out my straight edge to make sure but if you ignore that spike up on the NASDAQ issue summation chart around September, we also just stalled at an imaginary trendline of the last three tops. Again you have to ignore that spike up on the first top before the October correction but it is almost exact. Hmmm, maybe we should watch that chart close on the next rally. Lower tops mean ..... Lee

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