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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: donald sew who wrote (40307)	2/14/2000 8:42:00 PM
From: Jerry Olson	Read Replies (2) of 99985

Don a quick note...checked tha carnage of Fri's selloff...there was NONE..on P&F the buys far outweighed the sells...amazing... also as of tonight, we believe that 2 of our short term indicators the Hi/Lo & Percent of 10 will reverse back up here.... others are looking better too...what with the OEX selling off straight down last week for 18 straight boxes.. we are going up...may not be in 1-2- days, but this signal is very meaningful because of the current position of the NYSEBP..it's oversold... i had a nice bounce long OEX trade today, playing the rally back to 1420/30 SPX, i'll sell that, and then cover somewhere lower...then just go long for the Mar/Apr rally... good luck to all that dwell here... hey if BB can go long so can I<VBG>... OJ/////

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