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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 695.17+0.2%4:00 PM EST

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To: Jorge Sierra who wrote (34723)12/4/1999 6:32:00 PM
From: HairBall  Read Replies (3) of 99985
 
Jorge Sierra: Well, as of Thursday afternoon, I went flat. (Day/Swing Trade Portfolio) I was expecting the market to begin at least a retrace of the short-term rising wedge patterns on many of the major indices. Well, we all know what happened...<gg>

I am not so sure it was not a head fake. May have been an exhaustion gap up, time will tell. I will need to review my charts later tonight and tomorrow. If I see anything worth charting I will let you know and post a link.

Regards,
LG
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