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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: James F. Hopkins who wrote (14971)	5/26/1999 9:23:00 AM
From: Les H	Read Replies (1) of 99985

Sorry, I wasn't explicit. Acumpura came out and proclaimed a bear market when it broke 8600. He'll "warn" of a bear market when it breaks his support target of 10,000 this time. I expect 9650 if it breaks below 10,000. Below that 9200. The 50- and 200-day moving averages on the Dow are still far apart at 10,650 and 9200, respectively.

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