MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: Haim R. Branisteanu who wrote (6437)	2/16/1999 7:12:00 PM
From: James F. Hopkins	Read Replies (1) of 99985

Haim; Did you make typo ? or did I just fail to see the 82 to 80, on DELL , at any rate it seems with every rally there comes selling pressure just looks to me the rallies don't hold, and we keep edging down. I think they call it Distribution. The poor folks that jumped in that last oil service rally are now for the most part down over 10%, some of them not taht bad some a lot worse. COHO was already a bargain to a lot of small investors, but just took another 75% drop in the last few days. I doubt the ones with high debt make it through. Jim

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