MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: bobby beara who wrote (72897)	3/20/2001 5:16:53 PM
From: Haim R. Branisteanu	Read Replies (2) of 99985

BB, that is the story wen all are trading based on charts and TA, hammers not with standing. I anticipate a rally in short order by weeks end. Tomorrow is a GAN date and I was worried we would tank but surprise every one jumped on the recovery rally only to be slapped in his face. This market is quite dangerous to be short for a swing trade IMHO, sentiment is more bears than bulls and about the same amount on the sidelines, which tells me an explosive rally wen ever the step will be taken. To much money sitting around and people to eager not to miss the next rally. Bought back VSH at the close BWDIK Haim

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