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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.01

-0.1%

Dec 30 4:00 PM EST

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To: t2 who wrote (79079)	6/20/2001 2:40:57 PM
From: HairBall	Read Replies (1) of 99985

NV: The NWX does not have enough historical data for my work to provide me with much confidence in my analysis at these levels. (NWX is a relatively new index.) I would just say next support is 289.91 followed by 251.66 and then the 98 low 217.29. How do you call a bottom from a technical perspective? If I had an easy answer to that, I would just write a book and retire...LOL. Just a quick look (so don't bet the farm) but 289.91 is looking like it should provide tradable support...if we don't see a significant pivot today or tomorrow. Regards, LG

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