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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Monty Lenard who wrote (21449)	7/30/1999 12:23:00 AM
From: marcher	Read Replies (1) of 99985

>>Well I bought some stuff this afternoon for a little bounce but the adv dec volume turned terribly negative in the last few minutes. That makes me believe we could gap down at the open but I don't expect it to last. I actually look for a rally after the downgap.<< Monty, add to a/d negativity the bearish 3 day candlestick patterns of inx and oex: iqc.com iqc.com and the bearish engulfing of sox and iix: iqc.com iqc.com Looks like Yipes! to me. --Marc

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