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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%Nov 20 4:00 PM EST
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To: Les H who wrote (28144)10/1/1999 2:45:00 PM
From: donald sew  Read Replies (1) of 99985
 
Hi,

If the market was to close right here with the DOW down 120, my short term technicals would still be in the mid-range, just slightly below smack middle, so that implies that there is still about 2-4 days of downside. Some feel that we are close to a bottom, but per my short-term technicals the short-term bottom is still a ways away.

seeya
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