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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: dennis michael patterson who wrote (26908)9/23/1999 7:07:00 PM
From: bobby beara  Read Replies (2) of 99985
 
Dennis, using spy as a proxy, we had expanding volume during the first fakeout breakout of my triangle and absolutely drying up to zippo volume when it came back into a point, i think this meat grinder market has whipsawed traders like crazy and now they just want to send it one direction or another, the expanding volume leaving the point, has made the decision.

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