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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: James Strauss who wrote (23324)	8/18/1999 4:31:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

I think you better take a look at teh futures because we are gapping down tomorrow unless there is an act of God or the Fed injects a lot of cash over night. SP9U is tanking like a rock as I type this and it won't show on GLOBEX due to the 1/2 gap before opening. There fore it will look OK until the open then the sell programs will kick in full force on the open. Futures dropped 3 points just in the first 15 minutes after the close and are still dropping. Got puts? Good Luck, Lee

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