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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.56

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Jan 28 4:00 PM EST

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To: HairBall who wrote (14577)	5/21/1999 9:39:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

I show your values also on my weekly chart but Apparently I didn't post that chart onthe MDA Site whenI checked. I will do so Saturday Afternoon. However, I feel that the resistance levels in-between will only slow the climb not hold it back permanently. That is why I worded it significant resistance. There is also a bullish scenario possible since the indicators are pointing down from high levels right now but I think it will be a wait and see with the rates climbing proving to be the correct direction mid term. I see a lot going on but just don't have time to get it all down and posted. Speaking of which, I have to get in to work now. EDIT - Good Article - exchange2000.com Good Luck, Lee

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