MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: j g cordes who wrote (6988)	2/24/1999 4:11:00 PM
From: Sun Tzu	Read Replies (2) of 99985

He also said two more things that are very market unfriendly: That he is not sure if he should let the full effect of the previous rate cut make its way through the system. And that the low inflation as well as the productivity gains have been due to factors that will not repeat themslef in the future. BTW, the yields are now at a 6 month high I think are headed higher for now. Also, there have been only four positive breadth days this month and not even two of them in the row on the Big Board. If past two days were an oversold bounce, they faded quickly. Sun Tzu

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