MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: John T. who wrote (20951)	7/23/1999 1:48:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

The pits know everyone is looking for a double bottom. I suspect it will not hold. Note the NASDAQ has already put in a lower low and the SPX also slightly broke below. I feel the OEX and DOW will soon follow their lead BWDIK. I just occured to me that my previous post calling for the drop may have been construed that I expected this to be THE target. All I meant to imply was that this was the minimum I expected in the drop. However the TICK is getting pretty high so we may be climaxing for a bounce. Oooh baby, We just need to watch and wait now. Good Luck, Lee

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