MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: bobby beara who wrote (77650)	5/30/2001 11:25:09 PM
From: Zeev Hed	Read Replies (1) of 99985

Yes Bobby, we need the clown destroyers to be on the most popular list again, but better yet, how about VXN above 84? A long, long way...By the way, when we hit 2095, I went back long for a short counter trend bounce, or at least to exploit tomorrow morning's future's induced "mark up". The next major support is naturally the May 14th low at around 2052 on the naz, so after they sell the mark up, it may be worthwhile to see if the selling stops above that support. If it does, we may see a little spirited mini rally, which I agree with you, should be sold. I take it you are donning your bear suit as well...(g). Zeev

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