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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: HairBall who wrote ()	3/30/2000 10:33:00 AM
From: HairBall	Read Replies (2) of 99985

To anyone that followed my musing on a technical short opportunity on QCOM at 160 should now begin to trail a stop loss behind the position. Just a little note on the COMPX...I know a lot of folks are expecting a low today or tomorrow. I would like to point out that this recent "correction" started from a lower high! If we put in a lower low before any rally, the overall trend is down until proven otherwise! Regards, LG

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