MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Stephen who wrote (20504)	7/20/1999 7:41:00 AM
From: HairBall	Read Replies (3) of 99985

Stephen: I wonder whether the market is about to head south ... rather than have the small pullback that LG & Don are talking about. I don't think it is going to tank, just yet. But I could be wrong, that is why at these frothy levels I always caution folks to keep an eye on the support areas I mention in my updates and illustrate on my charts. This is not a time to be complacent if they are broken not just breached, one should take defensive action. If your investment plans do not have pre thought out stop loss points, they are not complete plans. One can always buy back in. Regards, LG

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