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

To: dennis michael patterson who wrote (2542)	12/21/1998 10:55:00 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 99985

Dennis, P&F NYSE bullish percent is on a caution signal (bull correction), but we are getting all kinds of short term positive indicators (both S&P and NASDAQ are on double top buy signals). I posted several messages on this thread earlier today that explained where P&F sees the market. To give you an idea where I think the market is going in the short term, I don't have any put or short positions. I am currently long shares and calls. JXM