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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST

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To: James F. Hopkins who wrote (18875)6/30/1999 12:23:00 AM
From: donald sew  Read Replies (4) of 99985
 
James,

>>>> Right at the close the market set up a GAP down
for in the morning , I don't know if it will follow through but
specialist and MMs shorted on the close to all market buy
orders, and then the futures droped 6pts. <<<<

I did not know that and thanks for the info. At the close today I got CLASS 2 SELL signals on the NAZ,DOW,SPX and other indices which I will go into futher detail on the index update in the morning.

I am expecting some selling within 1-2 days, just dont know how much.

seeya
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