Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 671.91

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Nov 14 4:00 PM EST

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To: Clint E. who wrote (28375)	9/22/2000 12:49:39 PM
From: mattie	Read Replies (3) of 68005

I am buying - covering shorts on QQQ, SPY, DIA. I see lots of support here on the indexes. If we hold on to these lows from this AM we have higher lows on the COMP and a double bottom at support 3600 (with the higher low at 3616). May be too early - but I am encouraged. I was bearish earlier because there was too much bullishness reflected in VIX and put/call ratio etc. That has corrected and there are many bears...could be time to jump to the other side for a trade.

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