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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

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Nov 21 4:00 PM EST

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To: Stephen who wrote (15302)	5/28/1999 7:03:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Stephen, for what it's worth, the assumption that funds have been buying today is probably correct. i watch the tape on the nutz leaders very closely during the day and i saw some fund-sized orders executed today. the question is only, is the buying for real, or was it just window-dressing as some have suggested. i suspect the latter may be the case, but i will admit that the jury on this is still out. regards, hb

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