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

To: Lee Lichterman III who wrote (10209)	4/8/1999 12:30:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Lee, I have a CLASS 2 SELL signal on the PNX, so it could move up a bit more to the 480 range, so some sort of short-term top should arrive in 1-2 days, and could be as early as tomorrow. So far it has produced lower lows, and would need to exceed 490 to produce a higher high, which I dont think will happen during this immediate upswing. It is my understanding that the PNX is also influenced by interest rates, and they are on the verge of having some upside movement soon, since I got a CLASS 2 BUY on the TYX. seeya