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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: HairBall who started this subject1/18/2001 1:25:32 PM
From: KymarFye  Read Replies (1) of 99985
 
Bulletin: First time Nasdaq Comp has been within spitting distance of 50 day MA since September. Traditionally, that's a popular buy point... Still around 250 from 100 day, but a close above 2753 would do it for the 50... By the same token, a failure hear would signal to many that bear is still fully intact (if more worried than it's been for a long time).
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