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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Yogizuna who wrote (23281)8/18/1999 10:48:00 AM
From: Lee Lichterman III  Read Replies (3) of 99985
 
Well I have to say I am impressed thus far with the market's strength. Despite the strong negative TICK and high TRIN the NASDAQ is holding up with YHOO, AMZN, DELL and MSFT. Many of the other leaders are also showing surprising resiliency suchas GE, telecom etc.

My long pick for the day gapped up and has been running away without me. Guess I waited a day too long.

WAiting to see if we continue the trading channel from yesterday or they can run some stops and make a new one.

Good Luck,

Lee
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