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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: HairBall who wrote (29189)10/12/1999 5:23:00 PM
From: Lee Lichterman III  Read Replies (2) of 99985
 
Thanks for the response regarding the support line. After the INTC fiasco, it may be immaterial now <g>

Just computed triggers for GLOBEX open. -78 is a buy and -508 needed to sell. Right now we are down 800+ before Asia sees what happened here so no problem. <g>

I can't believe I didn't buy puts. <ng> Wonder what this is going to do to Max Pain now. We are going to be too low if this goes as expected. Can they spin the PPI positive enough to get a late week rally for expiry?????

Good Luck,

Lee
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