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

To: Teresa Lo who wrote (19913)	7/12/1999 8:15:00 AM
From: vestor	Read Replies (2) \| Respond to of 99985

Fellow investors are expressing concerns about fellow investors not investing in stocks and or moving to money markets come Sept. due to Y2K concerns... the fear is an exacerbated Oct. pull back that would also be protracted in length through part of Jan 2000.... From a TA perspective, is there any evidence at this time that we should be concerned? Would like any feed back on this..... Thanks..

To: Teresa Lo who wrote (19913)	7/13/1999 3:48:00 AM
From: Teresa Lo	Read Replies (3) \| Respond to of 99985

Morning Market SnapShot for Tuesday, July 13 We stated on the weekend that the market was reaching a very important turning point. It basically spent last week consolidating the move above the old April/May highs and needs to deliver upside if it is to keep momentum. We expected the all time high of 1417.50 on the September S&P futures to be tested. This morning the market made a marginal new intraday high at the open but could do no more and proceeded to draw a Japanese candlestick called bearish counterattack. The market remains in a consolidation on the intraday chart and we expect that it will leave this range shortly. Charts specific to these comments have been posted to intelligentspeculator.com