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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: Benkea who wrote (27886)9/29/1999 4:25:00 PM
From: Jerry Olson  Read Replies (2) of 99985
 
Benkea

fwiw...i am all in cash as of the close..except for a short in CMGI<VBG>...sold it today as well...traded AMZN for nice trade, and i did hold ATHM for the morning...

bought OEX puts...and will now play the downside from here..

all the P&F indicators are now on sell signals...NOT GOOD..

the NYSEBP has given a sell signal as well...

i have no idea what the downside target would be, but i am short for now...at least into FOMC...
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