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

To: Les H who wrote (22310)	8/6/1999 9:19:00 AM
From: Lee Lichterman III	Respond to of 99985

>>...Amy Fisher<< LOL, Well as usual I am late for work but wanted to see the numbers and SPOO reaction so I could enter a few trades before leaving. The numbers were far from friendly and coupled with yesterday's news release on jobs data should not make for bullish conditions. Yesterday's charts were confusing as they looked like a genuine bottom may have been put in if there had been confirmation today. Yesterday's news release was bearish IMO but the market's reaction acted as though it was bullish which confused me as usual. Now we are seeing that may have just been a ploy to get shorts re-charged. If yesterday's opening values are exceeded to the downside, I still have my next set of targets set for DOW 10200, SPX 1270 then 1230, NASDAQ 2500 then 2350 and OEX 645. Have to go to work, Good Luck, Lee