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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+1.6%4:00 PM EST

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To: pater tenebrarum who wrote (47044)4/17/2000 6:31:00 PM
From: Secret_Agent_Man  Read Replies (1) of 99985
 
heinz, how would you view a strong move thru "resistance" on volume say over the next 2 days? and conversely the failure thereof would signal the bear-trap? Looks to me as if they PPT and all just don't want to let this go down much further if at all...call it pride greed or whatever...we could easily go sideways from here or up a bit and sideways or down a bit and sideways ...yeah, I know, non committal.<g>
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