MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.93

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Nov 14 4:00 PM EST

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To: Jerry Olson who wrote (16839)	6/11/1999 11:47:00 AM
From: donald sew	Read Replies (3) of 99985

To all, I do not feel comfortable with today's rally so far, and as previously mentioned I am suspecting the selling to continue today or Monday. AOL, broke an important support at 105, and the SOX right now off its highs. If the SOX was to close right here it would be a SHOOTING STAR and could turn into an ABANDONED BABY. Both are signs of a reversal. Of course if the SOX was to close at its highs it would be a positive, but so far it is a hint of a reversal. seeya

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