MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Slow&steady who wrote (26496)	9/21/1999 11:06:00 AM
From: Matthew L. Jones	Read Replies (1) of 99985

If we begin the correction I've been calling for from here it will be a surprise to me. I believe we are just hitting another bump in the road today. Without the BOJ news, we would be up today. Volume is pathetic which tells me that most people are not jumping out windows at this point. Now if we had several days in a row of this kind of crap, it would be another story. My guess is that we bounce off of the support and rally hard for a few more days. I would be very surprised to see us begin the correction without a strong blow-off rally going in. Maybe later today I can do some T/A and post with a little more detail. Matt

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