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 (29848)	10/15/1999 9:26:00 AM
From: donald sew	Read Replies (1) of 99985

LG, Well for the short-term, this negativity should make a short-term trading buying opportunity. Im only talking about some sort of a bounce that probably wont last, and could be as short as an intraday bounce, so for SPX FUTUREs traders and those who are very nimble, it should be an OK upside opportunity. My short-term technical may get to CLASS 1 BUY LEVELS by todays close if the market is down hard enough and closes at the lows. So the the BUY-IN should then be MONDAY's LOWs. So maybe a bounce starts MONDAY, but dont forget the TRADE DEFICIT REPORT next WED, which may be another selling opportunity. Im not expecting a bounce today. seeya

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