MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

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Nov 12 4:00 PM EST

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To: Chip McVickar who wrote (16317)	6/7/1999 3:19:00 PM
From: donald sew	Read Replies (2) of 99985

CHIP, The NAZ got as high, so far, as 2527 and I had the upper trendline at 2525. 2540 is very possible, especially in light volume, but for now 2525 seems to be resistance. The BUY-IN for my CLASS 1 SELL is still untill tomorrow's highs, but since it was a borderline CLASS 1 as of FRIDAYs close, I took a chance when the NAZ was at 2525. If we dont start selling off with some significance, there could be one last intraday upswing tomorrow in which you could get your 2540. Then the selling should begin. seeya

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