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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: donald sew who wrote (25366)9/9/1999 3:07:00 PM
From: Lee Lichterman III  Read Replies (1) of 99985
 
Too tough to call, depends on your bias I think. Bearish view would be a pendant or triangle but the bullish slant would be a bull flag off of Friday's rally.

I am frozen and unable to trade. I knew that two -600 TICK swings was a sugnal to go long and I didn't do it and just watched 725 calls go from2 to 3 in the last 15 minutes.

EDIT meant 720 calls and they only made it to 2 3/4 so far.

Bond rallied into the close and we are now in whipsaw time. Lets see what they do to that trading range now.

Good Luck,

Lee
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