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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Doug who wrote (75122)4/17/2001 10:54:11 AM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Doug to tell you the truth I do not know, the market is so highly manipulated that it is breath taking (just watch level II). My speculation is that we will trade side ways into fall with sharp rallies and corrections.

Those irrational price movements in stocks are very typical of bottoms or tops and the anticipated "wash out" may also not occur but just a prolonged grind.

BWDIK
Haim
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