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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.17

+0.2%

Dec 11 4:00 PM EST

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To: HairBall who wrote (24155)	8/30/1999 2:29:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

Market is trying desperatly to hold this minor support level but I feel it is about tofail. Bond is getting was getting tortured slowly and is now finally being put out of it's misery and shot using large caliper repeating guns and laser guided smart weapons. <ggg> This baby is toast today. I really wanted to flip long and missed a fill on an order again for the last bounce but I feel any bounce from here will be far out and not worth the risk of a gap down tomorrow. Still curious to see what happens when my target gets hit tomorrow though. It will require an over shoot of my fork but that is life. <ggg> Market holdiong so far but TYX is now 6.041. Amazing also that I am not seeing a lot of selling of the market generals. Nothing even close to resembling panic yet. Good Luck, Lee

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