MDA - Market Direction Analysis Message Board

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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: Lucretius who wrote (13212)	5/7/1999 5:12:00 PM
From: stockycd	Read Replies (1) of 99985

LT, Today left me confused. But I'll figure it out! The bond dropped further, CMGI, AMZN, AOL and other nuts continued selling. The uptrend in the TYX shows no sign of weakening. I'm gonna go out on a limb and say we test TYX 60.00 resistance next week. Equities will not be able to handle any flatness or further rise in 30 yr rates! A lot of harami candle patterns formed today. Monday will be the day for us to tank if there is a chance. Flip a coin... Chris

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