MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

0.0%

Nov 12 4:00 PM EST

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To: bobby beara who wrote (42732)	3/11/2000 2:09:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

>>this stoopid spekulator went short today << Good trade IMO. I wasn't sure until my data downloaded tonight but my bells are ringing that the time is drawing near. I just wish it wasn't at options expiration week and a triple witch at that as it may reset things a bit if we go flat. I just got sell signals on the NASDAQ and NDX dailies and weeklies, DOT daily and weeklies, R2K, some major SOX stocks like INTC, AMAT weekly etc. My only buys are some DOW stocks that are technical bounces like my AXP today so nothing to stop the drop there. I may be a bit early but we are so close the buzzards are circling. <ng> Most of these have good fork reads also so things are finally starting to line up as I have been waiting for. I have had my assistant get the combination to the safe and with draw the sealed keys, we have entered teh required launch codes and are ready to push the button for the thermo nuclear short salvo soon as the red phone rings or the radar picks up any foreign objects. <ggg> One other ominous sign other than the obvious lack of follow through is that GE tested the mid tine of a fairly good fork and failed to get through it from the under side. I see at least a 125 test and a probable drop to the 115-120 area. But I won't be trading it, I want those tulips!!! Good Luck, Lee

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