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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: donald sew who wrote (28846)	10/8/1999 4:20:00 PM
From: Arik T.G.	Read Replies (1) of 99985

Donald, IMO any early rally on Monday should be very weak and short lived, and should be sold. If there is a really strong open then I agree the market is extra bullish, although very overbought. I am now ST bearish (2 days) for a pullback to 1305 or so, and Intermediate term bullish. If the SPX touches under 1298 I'll turn bearish mid term and super bearish under 1280 again. Have a good weekend. Leese on Monday. ATG

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