MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 674.96

+0.9%

4:00 PM EST

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To: Gersh Avery who wrote (8497)	3/19/1999 11:59:00 AM
From: S. Chiang	Read Replies (1) of 99985

<< downward movement picking up speed. >> This may be the reason: 11:30 ET Dow +21, Nasdaq -4, S&P +0.02: Not much change as the market seems to be settling into its familiar trading pattern as of late where it makes a decisive move at the open, sees the prevailing trend lose momentum, and then settles into a narrow range for a good portion of the day... 30-yr bond -14/32 at 5.52% is at its lows for the day amid rumors that Clinton will announce Rubin's resignation at his press conference this afternoon... SOX -2.25... XOI -0.98. SC

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