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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST
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To: KevinMark who wrote (71529)3/8/2001 8:39:27 PM
From: el paradisio  Read Replies (1) of 99985
 
Semi's are still holding well in comparison to Nasdaq....support at 585-590 may hold.
If not,the next support is 100 points lower.
INDU rally and low vol on QQQ today is a good sign.
However,for QQQ... this might be sign of indecision, not capitulation IMO.
Regards,
el
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