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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: dennis michael patterson who wrote (29542)10/14/1999 8:21:00 AM
From: HairBall  Read Replies (1) of 99985
 
dmp: OK, that makes sense. My longer-term intraday indicators entered the oversold area on the 12th. I think we get some bounce today, but I have not had a chance to look at the futures yet.

I just can't imagine Max Pain, not coming into play. Even though I thought the possibility of moving all the way back was minimize by the extended move down yesterday. Those big boys do like their options profits...<g>

Regards,
LG
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