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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.48

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4:00 PM EST

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To: Daveyk who wrote (63452)	11/30/2000 2:04:21 PM
From: HairBall	Read Replies (1) of 99985

Dave kilty: Well, I don't consider 624 broken just penetrated...at least so far...<g> I was going to take the day off, but darn I just can't look the other way during exciting market days like today. Frankly, I am inclined to suspect we are getting a fairly good flush today, so a weekend feel good ramp can occur tomorrow or maybe begin as early as this afternoon...my NAZ intraday indicators are finally lining up in oversold territory for the NAZ! They are rarely wrong when that happens. Looking for long ops...NAZ issues!! NYA intraday indicators are slightly mixed with a down bias, but they "might" rebound together...."might"! Regards, LG

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