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

To: dennis michael patterson who wrote (33984)	11/22/1999 8:10:00 PM
From: Matthew L. Jones	Read Replies (1) \| Respond to of 99985

Statistically, this baby is in new territory. I am daytrading the S&P's right now so I don't have an axe to grind, but am attempting to fix some kind of sanity to what appears otherwise to be an insane market. That is my current take. I think we pull back (small less than 5% once or twice) before January, but mostly straight up. Just enough pullback to let off excessive pressure before resuming the run. Still doing the stat thing (kind of a filter on my system) and have refined it to intraday trends (as I'm fearful of committing any money to this market long term). Matt