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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

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Nov 10 4:00 PM EST

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To: Ms. X who wrote (6649)	2/18/1999 5:29:00 PM
From: John Pitera	Read Replies (1) of 99985

Yes, I recorded it :-)>> Now that's what I like in a fellow market follower...fastitious attention to detail....<<VBG>> The bond market is not rallying back below the 40 WK MA in the 30 yr yield chart very convincingly so far...SO Tom is highlighting a key weakness in this market. This may turn into the most negative interest rate environment since 1994, which will be difficult for equities to deal with. Many Thanks for the update, Best regards, John

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