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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: Vitas who wrote (14831)	5/24/1999 11:52:00 PM
From: James F. Hopkins	Read Replies (1) of 99985

Hi Vitas; Well if it don't rally tomorrow then the next day, but don't get me wrong I'm been negative on the market since April 14th, the crossed swords have never fixed themselves yet and it's beginning to show now. But even in down trends we get a few up days, other wise they can't distribute enough shares to the suckers. I don't think the rally will last very long, not until the crossed swords are undid the other way. --------------- quicken.excite.com The MDY 3mo chart will have to drop below the S&P500 before the down trend is over. That's all there is to it, the market can't stay liquid other wise, foreign money has been getting out of the blue chips for some time now. Jim

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