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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: GROUND ZERO™ who wrote (34246)11/26/1999 12:20:00 PM
From: Lee Lichterman III  Read Replies (1) of 99985
 
LOL, Pope AG huh?

Short the Bond???? It just filled the Gap and this area could be gap support. Gutsy play. I have a sell on the TYX which should be a buy on the bond ( I don't chart the actual bond, just the TYX.) If my signal is negated, then it could rise to 6.35 which is where my fork tine is. I am using a wait and see myself.

If you are right, then maybe I should put my QQQ short in play after all. I am scoping possible put plays now but they dont seem to move fast enough to have a good risk to reward ratio right now. Naz 100 is up yet it appears that the puts are going up. SOmeone know something about Monday?

Good Luck,

Lee
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