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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 675.24-1.2%Nov 4 4:00 PM EST

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To: bobby beara who wrote (47231)4/18/2000 9:15:00 PM
From: Jerry Olson  Read Replies (2) of 99985
 
BB

just a quick hello...

i have the QQQ heading right up to 100-102 area...everything i look at was just so oversold, the bounce was inevitable..nothing goes up or down in a straight line...

anyway...we will positively test the lows from Mon am...

i see this coming next week late in to the end of the month ala Carpino, because of the ECI report on the 27th, then we have the FOMC..

anyway, the short happens some time next week, we bail Mon the latest..right now the bulls are running rampant in the streets....who the hell do they think they are?? huh???
but like into a brick wall....comprende????

all my stuff i look at will bang into resistance soon...of course what with all the idiots running wildly out there we always overshooot shit...

so be nimble, i am...

KLIC was awesome...i am still long CRA and MNMD and AOL..

otherwise, i will short the begeebers out of this market when the mood hits me<g>...

regards and nite nite...Juice...

oh hi LG....:>}
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