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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: donald sew who wrote (11803)	4/22/1999 3:51:00 PM
From: James F. Hopkins	Read Replies (1) of 99985

If The good news on MCD , causes her to sell off then what would some bad news do ? The IBM news mostly caused shorts to cover, GE , MRK & KO are still selling down..this rally may make the old high on the S&P but I think it will fail at that point, maybe before at this time there just isn't enough push to get her beyond 1360 and make it stick. Jim

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