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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: bobby beara who wrote (79815)7/9/2001 11:27:37 PM
From: Zeev Hed  Read Replies (1) of 99985
 
BB, actually, my signal to get out was partially precipitated by the way QLGC, then one of the strongest stocks, suddenly collapsed after printing a new recovery high. If the stock was meant to continue its ascent 9and take the naz with it), it should no have negated completely the move to that recovery high, it should have retreated to maybe 50% of the advance, instead, it gapped through that level, not a good sign, all, IMTO, of course.

Zeev
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