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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.21+0.2%Jan 2 4:00 PM EST

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To: Vitas who wrote (25988)9/16/1999 4:01:00 PM
From: Gersh Avery  Read Replies (2) of 99985
 
Hi Vitas

I consider that a great compliment ..

were you talking about this one:

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"I figure that we should be about 75 SPX points lower than we are."
beta.siliconinvestor.com

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or this one:

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"Ya hear that sucking sound, boy?? Just like someone pulled the plug outta the bathtub... That's the liquidity goin' down that great drain to the netherworld.."
beta.siliconinvestor.com

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Or the one about the headfake?

I just figured that the market has been doing enough head fakes that it's better to assume that is going to be the case. Seems to work three times out of 4 lately.

Strong gaps try to get covered. The liquidity picture favored a move down.

FWIW

Gersh
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