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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: pater tenebrarum who wrote (14581)5/21/1999 9:04:00 AM
From: HairBall  Read Replies (3) of 99985
 
heinz blasnik: Well, the TYX is breaking down this AM. Can anyone spell “seesaw” Market...<gggg>

The “big boyz” are certainly doing a good job of confusing! John Q. Public is most likely just sitting on the sidelines, still sending in the money for the IRA and 401K. And they have been right for years.

The TYX popped below two rising SLs today at the open. Is this falling rates or flight to safety? Next support at the closing base rate action at 5.7.

Regards,
LG
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