MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: HairBall who wrote (29177)	10/12/1999 4:31:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

I have that same 1308 level marked on mine also ( your grey line). Do you expect that to hold or do you think we are going to head down to at least the previous low. I was originally inclined to think this pullback would be minor but after today, I am starting to get into the bear camp again. This sell off was intense for such minor negative news. Seems we were rallying earlier on worse stuff than today. Maybe we found Heinz's level of interest rate that the market couldn't ignore anymore. Good Luck, Lee

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