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 (64913)	12/21/2000 1:30:09 PM
From: Saulamanca	Read Replies (1) of 99985

LG, So far just a scalp day. Expect consolidation of yesterday's big move down. On days like today, the market tends to "test" important pivot points such as the previous day's highs and lows, Globex highs and lows, and key intraday highs and lows...lots of "play" around these pivot points. Scalp day only. mrci.com mrci.com Yee haw.-g- Regards, Jim

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