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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: Moominoid who wrote (6818)	2/22/1999 10:29:00 AM
From: Les H	Read Replies (3) of 99985

Anything is possible. Lately there has a secondary top before the bull run is over for each 9-month run. December 96/March97, July 97/October 97, April 98/June 98, January 99/?, etc. The leader stocks in the OTC Prime Index (OTX) are consolidating at the 50-day moving average before a potential run for the next top. As is the S&P 400 Mid Cap Index (MDY).

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