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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

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To: q_long who wrote (50595)	5/12/2000 5:00:00 PM
From: patron_anejo_por_favor	Read Replies (1) of 99985

<<The support at 3300 forms a classic double bottom>> Not quite. A classic double bottom would take out the old lows, accompanied by lower volume and contained within the Bollinger Bands. This one did not take out the old lows (so far that is).

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