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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Kerry Phineas who wrote (17573)	6/16/1999 1:23:00 PM
From: Arik T.G.	Respond to of 99985

Kerry, No trigger, only in hindsight. The NDX has a quite important resistance at 2156. If it breas it I would seriously suspect itis medium term up. ATG

To: Kerry Phineas who wrote (17573)	6/16/1999 6:52:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

>> , if you ask me the CPI numbers were intentionally fudged by the administration, << I wondered that myself. How could energy costs be lower this month when it was the first full month that oil at $18 a barrel was in there. Am I using too much common sense here??? Oil only climbed the last week of the previous report so it could not have been factored in that much. When oil is twice as much, costs would seem to be higher, not lower. Pass the glue please and Good Luck, (PS - I did go long today but stuck with stock instead of options in case the market removes it's head from it's back side.) Lee