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


To: Lee Lichterman III who wrote (6671)2/19/1999 1:02:00 AM
From: Compadre  Read Replies (1) | Respond to of 99985
 
Lee: I believe that your bearishness is justified. At least for the NAZ and the small caps. Thursday's rebound of the NAZ lacked conviction. As a matter of fact, it closed below the 50 day sma. I think the only reason it stayed afloat was because of the option expiry. It will be fun to see what will happen next week.

Regards,

Jaime