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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%Jan 16 4:00 PM EST
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To: Haim R. Branisteanu who wrote (26044)9/16/1999 9:36:00 AM
From: donald sew  Read Replies (2) of 99985
 
Haim,

>>>> Donald, this morning the market is repairing your oversold situation <G>. We will rally into option expiration and then reverse. <<<<

If that happens, that would set-up a better selling environment for next week. The upside will also be limited by expiration week. If we dont sell off over the next few days and move up slightly, that would push my short-term technicals up slighty, but also increasing the downside potential.

seeya
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