MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.36

-0.5%

Jan 14 4:00 PM EST

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To: eichler who wrote (62728)	11/17/2000 2:06:40 PM
From: eichler	Read Replies (1) of 99985

Partly from the rally building on the 15 minute chart, and partly on stewing over the realization that 3 for 3 of the last volume spikes on $compx 10/18, 10/26, 11/13 resulted in short term bottoms (today is another such day) - I am cautiously long here (with stops). On the daily chart, a good close would be viewed as a successful retest of 11/13 low, setting up a good rally Monday. Watching carefully.......

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