MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: t2 who wrote (77282)	5/22/2001 8:49:09 AM
From: Robert New	Read Replies (1) of 99985

Hello New Vision...yes I tend to concur with your analysis regarding significant resistance around the 28/2900 level. I tend to focus on the market day to day and not get too far ahead of myself. I think there will be a psychological barrier around the 2500 level as I've heard that level mentioned in various publications but you are correct about that 2800/2900 level and think we could see that by summer given the current volume trends...

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