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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.93

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Nov 14 4:00 PM EST

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To: briskit who wrote (16139)	6/6/1999 1:39:00 AM
From: Stephen	Read Replies (1) of 99985

Mike, I have been following PFE & AOL. There was considerable institutional accumulation on PFE before the price action turned. Too bad I didn't follow the signal (GG). The same thing has just begun with AOL.... but only the last couple of days. Fridays buying was obviously sparked by the news. AOL is the only Internet stock that is attracting any institutional buying. What little other action there has been for the internuts, has been institutional selling .... but nothing big of late. Stephen

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