MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

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Nov 10 4:00 PM EST

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To: donald sew who wrote (53948)	6/13/2000 9:23:00 PM
From: Paul A	Read Replies (1) of 99985

Donald, interesting how the market has once again turned bullshit despite CPI tomorrow making it a gamble to close as it did today.. Not to mention the muted reaction this morning despite more positives. All you bullish folks best hope for some fantastic data, because if there is a major surprise, there are a LOT of long positions that will be trying to squeeze thru the exits, and very few shorts to support as they were forced to cover into the close today. I have been ignoring the technicals for 3 weeks now and have been all the better for it. Todays rally on the nasdaq would have been time to jump in.. I still say short... (just the garbage tho, to play it safe:)

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