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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: donald sew who wrote (7322)	3/2/1999 10:52:00 AM
From: James F. Hopkins	Read Replies (2) of 99985

Donald; I'm like you, I don't want the bear label just because I see some downside. I have some mixed signals so far today but they are leaning towards more downside in the near future. Breakdown in the Big caps , and higher interest rates , seem to say more down side, while Transports, & Retail are trying to rally, If the Transport rally fails it will remove any doubt I have about more downside. --------------------- I Just hope to be on the right side of the curve either way. Jim

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