MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.52

-0.3%

4:00 PM EST

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To: dennis michael patterson who wrote (33961)	11/22/1999 5:53:00 PM
From: Jorge Sierra	Read Replies (3) of 99985

Well, Now at 3300+ on naz I am bearish, and may be you think I am this guy but with a new id. I was checking L3 graphs and SUNW was giving me a sell signal, CPWR, QCOM, CSCO. So I check these companies as QQQ components. QQQ also a sell signal. I have done well timing SPX moves this year, so I will move 65% cash=USA bonds and 35% international (I did already at 4pm today). I will wait until, I see Nasdaq below 3000. I just check and I see more QQQ puts than calls.

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