MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (79821)	7/9/2001 11:57:19 PM
From: JRI	Read Replies (2) of 99985

bobby, I'm surprised that you may see support for some sort of (short-term) bottom here....conditions were oversold, and we got a bounce....whopee...another day or two of this, and sentiment indicators will be back to levels of a week ago.....ridiculous that is.... The technical breakdowns are soooo ugly everywhere....do we just ignore the ease in which big-time levels were broken on Friday and recently? Looks to me likes its impossible to jump long until the COMPX gap from Friday is filled, and left behind.....of course, one could try to scalp a few points on any move above 2040 I dunno, I'd buy an argument with a low further down, somewhere 1850-1941 (for a big bounce, short-term), but bouncing out of this?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next