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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: Les H who wrote (11516)	4/21/1999 9:45:00 PM
From: Kona	Read Replies (2) of 99985

Les, any comments on the tick at the end of today's session ? It hit 1047. It may have happened at the same level of the S&P as it did on monday. As it did that the TRIN actually went up from .75 to .82 <Another strange day. On today's run up the to the 1350 area on the June S&P's a 1010 up-tick reading was recorded. Up-tick readings exceeding +600 are bearish and the higher above +600 level the more bearish the implication. >

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