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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: Stephen M. DeMoss who wrote (64053)	12/10/2000 12:00:57 PM
From: marginmike	Read Replies (2) of 99985

In this market money is made one way, Buy the panics, and sell the mania. If we Gap down big you buy it with tight stops. The QQQ @ 66-67 with a stop at 64, or JDSU at 68-69 with stop at 66. If your wrong you come back in at the next resistence level. Strictly trading. I sold QQQ's and JDSU on Friday before close would love to trade them again. The election is still in doubt and if the market is offering an opp Id take it.

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