MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: The Perfect Hedge who wrote (17328)	6/14/1999 9:08:00 PM
From: bobby beara	Read Replies (2) of 99985

Beebs, unless we have an all out crash, we should find horizontal support on GIN tommorrow with about another 5% down on the index, that would be three daily bars down in a row out of the last triangle. wouldn't want to stand under this knife, but at some time we are due for a rally, nobody can judge how much the margined players are getting hit here and if this support will hold. bb

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