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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: garrick le who wrote (16713)	6/10/1999 2:17:00 PM
From: James F. Hopkins	Read Replies (1) of 99985

Thanx; I'm just playing the NDX , and just closed all shorts for today..locking in my USPIX by going long the qqq when she hit 104 -3/16 , I'll dump the long on the close either way..and get the close of the USPIX. There is no panic today, and they are looking short term over sold "if" they are not short term over sold, then she will crash and burn next week. Longer term I'm not hot on this market and I'm shorting every rally then getting out on what looks to be short term bottoms. The biggest crashes in history come when stocks think they can fight interest rates. Jim

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