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

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To: SouthFloridaGuy who wrote (46248)4/14/2000 2:53:00 PM
From: John Pitera  Read Replies (2) of 99985
 
NASD CHART UPDATE--- rumors that NASD support Exists are TRUE!!! -g-

one of my covert operatives,working deep undercover,
actually sighted these so-called Mythical Support areas
for himself. -g-

geocities.com

Here we have it folks:

As we can see we come back to the Major Uptrend Line at
3280 and we have a 50% retracment of the entire price
advance from Oct. 8th 1998 at 3255. This is Powerful
Support and Institutional Money will start to go into the
Market..
Even More Substantive Support exists @ 2900, which was
Prior Support and the .618 retracement @ 2810
This lower Area Is My Blue-Plate Special Buying
Opportunity Area.

John
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