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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 25 4:00 PM EST

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To: Lee Lichterman III who wrote (21180)	7/27/1999 10:13:00 AM
From: donald sew	Read Replies (1) of 99985

>>>> One thing that concerns me about the bounce looking so strong in at least the context of the futures, is that there was no real bottom put in TA wise. Yesterday's volume was weak, the candle was a plain black one, no hammer, doji etc. <<<< Your concern has merit, but there were some technical signs although not great. The DOW had a SPINNING TOP. The NAZ had a significant GAP to the downside. You also had a second negative 1000 TICK within 3 days. Not great technicals signs of bottoming but there were a few. Could be better

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