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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: HairBall who wrote (41334)2/25/2000 2:12:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
LG, maybe...btw, i suspect that an attempt will be made to defend the 10K level on the Dow before the close. in October, and again yesterday i could observe what looked to me clearly to be manipulation of both the futures and select equities in an (successful) attempt to keep the Dow at 5 digits.
should the attempt fail this time around i suspect a huge psychological negative would be created.
it would also mean that the manipulators are losing control...that wouldn't bode well for the massive IPO calendar.

regards,

hb
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