MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.72

+0.7%

Jan 5 4:00 PM EST

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To: bobby beara who wrote (40930)	2/22/2000 1:45:00 AM
From: IndexTrader	of 99985

We are now at the bottom of the Bollinger band on the SPX daily and at the upper Bollinger band of the VIX. I would not be surprised to see us fill the gap at 1320 cash and bounce hard from there. The bounce should take us to about 1370. After that bounce, there is no way that we do not again retest 1320. I sure wish I knew what would happen after that. I would be rich. The McClellan Oscillator will turn up tomorrow with negative breadth of about -520. Susan

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