MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Les H who wrote (42460)	3/7/2000 10:35:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

Well someone needs to help me cause I am feeling this uncontrolable desire to dip! No LG, you are not wrong IMO, the TRIN is at 1.30+ so distribution is rampant. Looks like the plunge protection team is trying to bid up the futures but the overall market is ignoring them as the Mo Mo has shifted. Better get Wiley E Coyote to get one of those ACME reversal tubes to make the giant snowball go the other way. I sold waaaay too early on my short of JNJ. MRK is melting down and I am getting real tempted here. If a penny stock Biotech can go up 500% why should a proven drug stock be falling through the floor? Trading at 52 as I type. Good Luck, Lee

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