MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.10

0.0%

Jan 23 4:00 PM EST

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To: edward miller who wrote (42589)	3/8/2000 11:53:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

Thanks, I just have never seen bids dry up like that. Seems if he doesn't have to keep it smooth that it would have been an easy short trade which did prove correct if you were quick as it dropped from 101 to 99 pretty quick just before they rallied the DOW and futures so a quick cover would have been needed. Market looks undecided here as to if they really want to count this as a bounce and keep going or just wait for teh other guy to blink first. <ggg> Good Luck, Lee

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