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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 676.41+0.7%4:00 PM EST

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To: marginmike who wrote (66020)1/5/2001 2:11:51 PM
From: HairBall  Read Replies (3) of 99985
 
marginmike: If your concerns are correct, we may see a FED move sooner than the end of Jan....this is no longer a J6P market. The market ever so often culls out the amateurs..."think like a criminal".

I am cued up, but waiting to pull the trigger to re-establish my long positions! Come on Mr Market give me a sign...<g>

INDU <----- Retesting the 12/21 support line, my technicals suggest it will be "iffy" (highly technical term)...yikes!

COMPX <----- Testing intraday lows.

NYA <----- Heading back down to retest intraday lows.

MOMENTS OF TRUTH...dialing 1-800 again....<gg>

Regards,
LG
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