MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: Kevin Batey who wrote (24376)	9/1/1999 11:22:00 AM
From: Lee Lichterman III	Read Replies (2) of 99985

Thanks, broke out right after I posted so either a head fake or the 3 minute bars are a bullish wedge/flag. Your good spot on the SPOOs are worrisome though. I am back to break even and they won't give me that extra 1/8 point to cover my costs. <g> I will likely take any profit I canget soon and then try to re-enter lower. I guess my signal was for either buying in immediately like the poster that responded yesterday did or else buying in at today's low and playing the bounce. Still not convinced this isn't a one day deal and I definitely want out before Friday's employment numbers. I also show jobless claims due tomorrow AM. Good Luck, Lee

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