MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: HairBall who wrote (62640)	11/16/2000 1:54:53 PM
From: Daveyk	Read Replies (1) of 99985

We're in limbo for the moment.2850 print would be another sell signal;heavy resistance at 3500.If we got thru that the trend would change to demand.I'm sitting 80% cash and just waiting for things to develop.Current Naz target 2300 which means nada.Seems trend is down till proven otherwise.

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