MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (28791)	10/8/1999 10:12:00 AM
From: RWS	Read Replies (1) of 99985

GZ I'm long a few OEX calls but tentatively. The volume and breadth oscillators put in a bottom last week that gave me a buy signal, however short term resistance seems strong and I'm ready to get out on any weakness. Also I have some pitchfork reversal points middle of next week on several of my stocks that are raising a caution flag for me. My wave count says we should pull back a little here and rally to near the recent highs, then retest last weeks lows before another stronger rally in November. FWIW. Thanks for asking. Regards, RWS

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