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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Lee Lichterman III who wrote (6671)	2/19/1999 1:02:00 AM
From: Compadre	Read Replies (1) of 99985

Lee: I believe that your bearishness is justified. At least for the NAZ and the small caps. Thursday's rebound of the NAZ lacked conviction. As a matter of fact, it closed below the 50 day sma. I think the only reason it stayed afloat was because of the option expiry. It will be fun to see what will happen next week. Regards, Jaime

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