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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: Fun-da-Mental#1 who wrote (25636)9/13/1999 3:36:00 PM
From: Lee Lichterman III  Read Replies (1) of 99985
 
Sounds about right. All my stuff was in the middle as of this weekend making a firm positional decision near impossible. This may be exactly what the market wants as we try to strwetch to make money in a listless market.

Note in the last half hour we have tested both resistance and support. Which way the last half hour of the day??????

Sat on my hands all day and did nothing. Saw the last drop coming but couldn't get a quote on the put I was going to buy. I swear this is conspiracy. Lost quote feed is becoming the norm instead of the exception and always just prior to big moves. Accident my A$$. I hate to see what it is like when this thing really does blow up.

EDIT - I see while I was typing this post the market decided which way, Up!!! ANother lost trade due to talking too much <GGG>
Good Luck,

Lee
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