MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: Lee Lichterman III who wrote (17762)	6/18/1999 7:10:00 AM
From: bearshark	Read Replies (1) of 99985

Lee: I have not turned "bullish" yet and I think several of us see the exact same thing in this week's market. However, I am nearing neutral at this point and that could be forced to bullish shortly. I would turn bullish if the real money followed the retail buyers into this rally at the end of the next decline. So far, it appears to me, that they have been content to cheer the little guy on. Now, the little guy is out there with private parts exposed. I think today is the most important day of the week. Maybe we will be able to see what is really going on. I haven't had a good read on the intra-day activity since Monday morning due to the clutter from expiration. I enjoy being a nobody.

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