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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

4:00 PM EST

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To: Michael Watkins who wrote (51211)	5/19/2000 1:11:00 AM
From: Square_Dealings	Read Replies (1) of 99985

<<If options expiry happens to coincide with a benign day>> Sure looks like we are approaching the apex of some symmetrical triangles here. Maybe another day or two and I agree its time to make the Big Decision <nervous g>. siliconinvestor.com siliconinvestor.com "Research has shown that symmetrical triangles overwhelmingly resolve themselves in the direction of the trend. With this in mind, symmetrical triangles (in my opinion) are great patterns to use and should be traded as continuation patterns." - from chartpattern.com

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