MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: Challo Jeregy who wrote (17428)	6/15/1999 2:58:00 PM
From: bearshark	Read Replies (1) of 99985

Challo: If we close strong today; gather momentum; and tomorrow's numbers are good or neutral; my guess is that they may move the market up smartly. If the momentum continues through the morning, others may join in. If we close the last hour moving down; gather downside momentum; tomorrow's numbers are bad; I believe they will drop the market significantly. I am more interested in the tone of the market participants as we approach tomorrow's numbers than the actual numbers themselves.

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