MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: James F. Hopkins who wrote (21024)	7/25/1999 10:02:00 AM
From: Yogizuna	Read Replies (2) of 99985

Jim, That's right, sometimes when we get good ideas, it's just better to get it out, then worry about perfect writing and all that jazz. On the OEX, it looks like we have a chance to rally now, that is if support at the 697.50 area can hold. Then, we have some resistance at the 703.50 area to either penetrate, or get turned back by. And it will be interesting to see whether or not we get the "Turnaround Tuesday" phenomenon this time around. So it's possible we could get a rally on Monday, and then back down on Tuesday, or the other way around if the 697.50 support area does not hold. Interesting times here. Yogi

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