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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Lee Lichterman III who wrote (13282)	5/8/1999 6:30:00 PM
From: Monty Lenard	Read Replies (1) of 99985

Hi Lee, my charts are not up to date as I have had to take a break. But looking at the current summation.....they are just now starting to roll over. At the rate all this is happening it could take another 7-10 days before my signal line would cross. Now that could happen much faster if we could get more than 1 or 2 down days in a row but that does not seem to be the case. But I have to say that I have been seening the dipsters being handed their heads on the tech stocks. They will dress one up for a few minutes like it is going to take off and gather a slew of suckers ..... then all the big trades start hitting the bid. It is really amusing to watch them. Maybe in a couple of weeks I will be back in the swing of things. Thanks for checking on me. <g> Monty

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