MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: HairBall who wrote (30280)	10/17/1999 6:28:00 PM
From: GROUND ZERO™	Read Replies (1) of 99985

I think that when European money managers see that the U.S. markets broke support, they will sell their markets on the opening with a vengeance and not look back... and we will probably have a very negative day..... Tuesday may rally, but any rally will likely be muted due to many investors that may be forced out of their positions because of margin calls..... I think this selling will continue and we could test DOW 8500 before it's all over..... Now, if we rally big on Monday, I want you to know that someone else using my nick name posted this response.....<g> LG, what do you expect for Monday? My Best. GZ

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