MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

4:00 PM EST

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To: Stephen M. DeMoss who wrote (66584)	1/11/2001 2:24:44 PM
From: HairBall	Read Replies (3) of 99985

Stephen: Nope, but I covered at 62.5 for a quarter point loss, plus commissions. I covered my long position into the close yesterday at 60. So, I did miss out on the rise today, but you can't catch all the ripples. I caught most of them over the last few days..<g> Buying is strong today and is coming in on any minor intraday pullbacks. My first position was too early. I would guess the big boys want the price to break above last Thursday’s high or at least retest it. If my technicals line up before the day is over, I may try again...<g> Regards, LG PS: SI not working well today!

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