MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.27

0.0%

Dec 26 4:00 PM EST

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To: dennis michael patterson who wrote (58520)	8/28/2000 6:40:36 PM
From: bobby beara	Read Replies (3) of 99985

translation of ord, we are gonna melt and gold is goin to da moon -ggg- they only thing that makes me cautious about shorting here, because that wedge on spx is getting narrower today (closing price), is that you are bumping up the put/call ratio and too many traders are in doubt of this breakout, unlike the breakout on 7/17, when people were pretty wildly bullish and a lot of people were talking nas 5000.

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