MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (31703)	10/28/1999 1:52:00 PM
From: j.o.	Read Replies (1) of 99985

Hey bobby - did you get a good look at gold too? That might have just completed a little V-bottom below 300. Let me know what you think. On the stocks I think that you might just be right. What we have to watch now is where the weekly uptrend (former support, now resistance) comes in. I get it around 1342 on the S&P right now. If we are able to regain that next week, then I forsee much higher levels. The smart trade might be to sell out some of the stuff I accumulated below at these levels, and re-buy if we take out 1350-1365 and finish this or next week above the old trendline...think that's what I'll do. BWDIK <gggg> I'm just happy to have been long a couple of $ per point on the Dow overnight! Nice little bonus, but perhaps more luck than sense? Time will tell. Good trading, j.o. indextrade.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next