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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: pater tenebrarum who wrote (21110)7/26/1999 1:11:00 PM
From: Robert Graham  Read Replies (2) of 99985
 
Looks like the market is trying to size itself up for a bounce. More stocks now at support. But not many have appeared to handle their gap down to the positive this late into the trading session. Not a good sign. Also the way some are trading, it looks like they can take out their support. Add to this the momentum the market as lost by not snapping back Friday.

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Bob Graham
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