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

To: donald sew who wrote (13492)	5/10/1999 10:59:00 PM
From: dennis michael patterson	Respond to of 99985

Good point Don. My recollection is that we had a big spike up in the Dow after April 8 but, overall, you are correct: we've gone nowhere. One of my services says the nutz may have bottomed and look ready to run. Amtd; Vsix; ATHM and a few others.

To: donald sew who wrote (13492)	5/10/1999 11:01:00 PM
From: HairBall	Respond to of 99985

donald: Looking at the daily composite of the NYA and COMPX, which I use to represent the overall Market...it is down from April 8. First top was 4/13 with a dramatic decline to 4/20. Followed by a dramatic rise into 4/27. Since, the Market has been falling. The composite close for 4/8 is higher than the composite closes for the last five trading days. I would say the Market is down, but not by much. EDIT: I am feeling short-term bullish. Regards, LG