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Strategies & Market Trends : The Player's Club

SPY 679.70

+0.7%

Nov 26 4:00 PM EST

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To: Chip McVickar who wrote (3400)	12/31/1999 7:15:00 AM
From: GROUND ZERO™	Read Replies (1) of 11513

We also had a time gap made last Friday.. a time gap provides a conducive environment for a market turn..... the breadth is good but the markets are no longer over sold (if that's not an understatement) and a measured move has already been made from around 1410 to 1499 in the overnight trading..... despite the historic fact that we have seasonal rallies in this time period, I'm beginning to think that the markets are a bit top heavy right now.....BWDIK oh, and not to mention that every time I take a short position in this market environment I get shredded.....<g> GZ

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