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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%Nov 20 4:00 PM EST
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To: pater tenebrarum who wrote (31690)10/28/1999 12:21:00 PM
From: donald sew  Read Replies (1) of 99985
 
Heinz,

Thanks. Lee mentioned that the OEX is now trading about 25 points above the OEX MAX-PAIN. Realise that it is still early since we still have 3 weeks till expiration.

In light of my short-term technicals in the overbought region and could get to CLASS 1 SELL status by tomorrow/MONDAY if it continues up, I'll be looking for a short-term trade to the downside next week.

seeya
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