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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.00

+0.2%

Nov 11 4:00 PM EST

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To: Jerry Olson who wrote (26311)	9/19/1999 10:02:00 PM
From: bobby beara	Read Replies (2) of 99985

Jerry before we get to exhuberant, the nifty five are overbought at these levels, i think the first key is to watch the downtrendline on the spx and see what happens there, if we fail to take that out, the bulls that saw this reversal will gladly take their nice short term profits to the bank. bb

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