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Strategies & Market Trends : The Player's Club

SPY 689.17

+0.2%

Dec 11 4:00 PM EST

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To: John Pitera who wrote (3919)	1/7/2000 1:26:00 PM
From: GROUND ZERO™	Read Replies (1) of 11513

Right.. I looked at the NYSE... the DOW also looks tentative with a new down trend line off the highs coming right to today's high... we could rally some more today but the highs in the DOW should already be in place... we need another leg down to complete a good pattern..... the only caveat is that I see decent support in the SP's and the DOW at this week's lows... the march SP's penetrated a median line and has been hanging around that line for days now... this portends further weakness... GZ

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