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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.59

+0.6%

Dec 19 4:00 PM EST

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To: Stephen M. DeMoss who wrote (68268)	2/2/2001 10:37:35 AM
From: HairBall	Read Replies (2) of 99985

Stephen M. DeMoss: Sorry, I did not get back to you sooner, but frankly SI sucks this morning. Please see the my chart links I posted at the open. I would expect more downside for NTAP, but it is oversold per almost all my intraday time period technicals. So, a consolidation at the current price action range and or even a bounce is possible. However, I would expect overall market direction in particular the NAZ Comp to influence this issue. See the support lines plotted on my chart for possible buy price action points, be care-Pnot to be to eager! Regards, LG

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