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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.45+0.1%4:00 PM EST
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To: HairBall who wrote (60483)10/12/2000 2:47:40 PM
From: marginmike  Read Replies (1) of 99985
 
LG in panics I think TA becomes less usefull. It seems we are going to have a horrific finnish today. However friday through wednesday we should see a tradeable bounce due to heavy put buying this month and option expiration. We had the same type of rally in May in between falls. It will be an OPP to exit longs and initiate shorts.
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