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

To: Roebear who wrote (3489)	1/8/1999 11:55:00 AM
From: StockOperator	Read Replies (3) \| Respond to of 99985

WOW! GM from $69.0 to 82.0 - In one week. Unbelievable. Stocks that have been lagging are picking up some momentum. Philip Morris having a decent day. Plus those paper stocks are having a huge day. Internets crazy. Once again without the efforts of AOL. It has to start moving sooner or later. The pattern thats developing is very bullish - so its a matter of time. Which makes me ask myself. At what stage of this rally are we in? Many of these stocks like GM, are breaking into record highs on huge volume. One of the things you look for on strong breakouts. Very positive. Time will tell. Good trading. SO