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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Challo Jeregy who wrote (22879)8/12/1999 4:08:00 PM
From: Lee Lichterman III  Read Replies (2) of 99985
 
>>Ah, a good argument for tech<< Yeah and the financial center of the world doesn't even have a back up power source. LOL

Those puts I planned on buying on the bounce would have been a nice reward for my day off right now.

These extremely short lived bounces are getting too frequent during this decline. When the real bottom comes, no one will trust it since every rally has been met with more selling so far.

Oh well. Guess I will take a nap and count my woulda shoulda couldas in my sleep. <g>

I haven't been paying attention to AOL lately. All I know is DELL, SUNW and a few others I follow close for friends are unable to break above my resistance lines and until the generals can break out, this market is going to have a tough go of it. Tomorrow's PPI should be enlightening and Tuesday's should seal the fate of the market until the 24th. I was actually hoping this bounce would go further but such is life I guess.

Good Luck,

Lee
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