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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST
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To: David Lee Smith who wrote (47949)4/25/2000 5:58:00 PM
From: AC Flyer  Read Replies (1) of 99985
 
David Lee Smith:

How do you interpret today's market action in the context of your model's -19% reading following yesterday's close?

I'm not trying to be cute, just genuinely interested in how you see this - increasing volatility shortly before a major decline, or a potential failure of the model.

Thanks.
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