MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: eddieww who wrote (57967)	8/9/2000 1:44:26 PM
From: marginmike	Read Replies (1) of 99985

I agree, but that is a BIG WHAT IF. I am surprised the market is barly up on CSCO HYPE and the QQQ is actually down. I havnt cheacked breadth but I will assume by the QQQ that it is negative. IF ADAP does anything short of blowout and DELL reports its usiall trash then I think we maintsain the current trading range and head back to the 3600 range. The tape looks sick, we are up but gains are not sustainable and volitility rules the roost. The down day volume have surpassed the up days and OCT fund year clossing is around the corner.

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