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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST
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To: jmac who wrote (60086)10/7/2000 8:22:49 PM
From: Zeev Hed  Read Replies (1) of 99985
 
Mae Culpa, bullish starting mid of next week. Late In August, I pulled my bullish horns in, but had a bottom around 9/20, which proved deadly wrong, turned cautious once my target of 3930 was breached. I have been cautious since, but now I am just waiting for a good excessive negative on the Naz to jump back in. Careful, I am not bullish for too long, however, and in terms of six months or so, I think that this weeks lows will look good and be treated as overhead resistance by then (g).

Zeev
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