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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: Stephen who wrote (15589)	6/2/1999 11:39:00 AM
From: pater tenebrarum	Read Replies (1) of 99985

Stephen, it does look a lot like capitulation...and so far no end in sight. i agree that the danger of margin-related selling could force them even lower. on the other hand there are a lot of shorts still out there and presumably sitting on neat profits,which could induce some short-covering. regards, hb

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