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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: Stcgg who wrote (64517)	12/18/2000 8:38:32 AM
From: JRI	Read Replies (2) of 99985

OK stcgg- we got our gap up......I, like you, hoping for a fade early...a couple questions: What are you going to look for, if a fade occurs, to look for a re-accerleration to/past highs.....volume on the QQQ's? If this doesn't fade, and keep trending up, at what point (if at all) could this become a buy? WSJ article probably gave us this pop...I wonder if that's a Fed leak...too late for Barry in the Post (Microsoft news came out after Barry had written his article)..

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