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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: donald sew who wrote (11978)	4/25/1999 8:48:00 PM
From: James Strauss	Read Replies (1) of 99985

The Primary Trend Is Up... Don: I know you are stressing caution right now... Caution is always good advice no matter which way the market is going... But with 4 days in a row of New Lows at 40 or less and the A/D line now above its 50 day MA, a definite uptrend is in place... The final shoe to drop will be the Transports making a new high for a Dow Theory confirmation... Jim

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