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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.100.0%Jan 23 4:00 PM EST

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To: bobby beara who wrote (39859)2/11/2000 7:27:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
BB, I am not sure but, if we gap down on Monday we rally after wards, if we start as usual or a slight rally the market may end lower. In a way this week reminds me of Oct 1987.

As to charts and trendlines, everyone and his brother sees those things and WS acts to block it. The issue is if the FED is taking back all the liquidity, or they are still pumping money.

I think due to lack of liquidity they sell the old stocks and by the hype.

BWDIK
Haim
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