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

To: HairBall who wrote (13550)	5/11/1999 1:57:00 PM
From: Compadre	Respond to of 99985

LG: Wow, TYX up +.52! Regards, Jaime

To: HairBall who wrote (13550)	5/11/1999 2:02:00 PM
From: StockOperator	Read Replies (1) \| Respond to of 99985

LG, I have watching it all day. You're right something has to give. I believe the problems might begin with a break to the upside of this most recent consolidation (TYX). Can't wait to see how things close. Regards, SO

To: HairBall who wrote (13550)	5/11/1999 2:09:00 PM
From: Skipperr	Read Replies (2) \| Respond to of 99985

Hi LG, I'm writing on an old laptop from a hotel room. I don't have a lot of time but, to keep the rise in the TYX in perspective, check this: decisionpoint.com If rising interest rates would, indeed, kill the bull market and thrust us into an extended bear move, why have stocks moved up since last October along with the up-move in interest rates? And, of course, you know this, that the rise in the TYX must be considered with many other technical and fundamental issues to best try to determine future market direction. I know that you're short-term oriented, but I thought that this was an interesting perspective to consider. Well, off to work.... Regards, Skipperr