MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: Lee Lichterman III who wrote (29406)	10/13/1999 3:53:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

Don - thanks for teh heads up on a possible multiple 3 crows. Not sure I could project another downleg that big from here. <ng> Might have to give up on forks and go to historical support/resistance levels and much longer time frames. Same as yesterday near the close. Highest TICK of the day but TRIN staying up and all buy programs being met with strong selling making the indexes barely able to budge. Not a good sign for tomorrow. One of the stocks I track looks like it may have put ina bottom but it is the only one. It made a hammer bottom dropping 4 points for a short period of time and is now positive on the day. Everything else is still just grinding down hanging on for life at each 1/4 point drop. Good Luck, Lee

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