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: t2 who wrote (76372)	5/2/2001 2:48:56 PM
From: eichler	Read Replies (2) of 99985

NV Hope you nail it on the nose. 60 min chart now in overbought zone (though it need not turn down immediately). A short term top may not be far away, but if we close on the highs, follow through tomorrow would be likely. I think it's possible to challenge 2400 on this move. Just have to wait and see. Keep your fingers crossed for continued strength into the close.... Regards, Eichler

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