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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: Monty Lenard who wrote (21446)7/29/1999 7:30:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Monty, the futures closed at a premium and tomorrow is a Friday after such a drop I anticipate a boring day.

It is also interesting to note that the NAZ seems to make a short term double bottom.

I may be wrong but I do not anticipate real action until mid next week. It would be interesting to see if the 401K money still goes blindly into stocks.

Sentiment is to bearish short term IMHO (see SI statistics )

BWDIK
Haim
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