MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

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Nov 10 4:00 PM EST

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To: Amelia Carhartt who wrote (26235)	9/18/1999 12:48:00 PM
From: Benkea	Read Replies (2) of 99985

Lee: I see a bunch of stocks (IE: AOL) under their 50 and 200 with 50s declining to their 200s in about a week or two. While you would think that will be resolved with a washout culminating in the 50 diving below the 200, stochastics and money flows show very oversold conditions. Who knows how this is going to play out? I am participating very very (miniscule in comparison to my normal activity) slightly in shorter-term moves at this time because we ARE going to break out of the trading range violently - one way or the other - soon.

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