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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: donald sew who wrote (31061)10/22/1999 3:53:00 PM
From: Lee Lichterman III  Read Replies (1) of 99985
 
Yes I noticed that but it may have to do with the earnings announcements I posted. Mo Mo buyers dont have any big techs left to play so they are ramping up on granny DOW stocks ahed of earnings hoping to get an easy pop.

Darn, market dropping, I was hoping it was forming a flag and we would push up into the close. If I can't get some put buyers selling low, I will have to wait for Monday and try to guess how high it will go 2 hours before the open and pu tit a limit buy order. I will be in a vault until 1 PM eastern and unable to trade.

Remember per conversation my DOW target was 10600, OEX and SPX targets already met and NASDAQ could go a lot higher.

I have to go, guess I am waiting to buy now. Better to look the charts over this weekend anyway.

Good Luck,

Lee
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