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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Lee Lichterman III who wrote (26774)9/23/1999 9:38:00 AM
From: donald sew  Read Replies (1) of 99985
 
Lee,

Well MARIA is giving the impression of a strong rally again this morning and the futures close up strong at 6.70. Lets see how the market internals, specificly the NEW HIGHs/LOWs, perform thruout the day, and if this rally at the open holds.

Im more inclined that there should still be some more selling or flatness in the SPX/DOW, with possibly some more rotation into the NAZ.

Im waiting for a CLASS 1 BUY signal on the DOW/SPX and if we do sell off we could get it as soon as today.

seeya
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