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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: Lucretius who wrote (79849)	7/10/2001 11:11:42 AM
From: eichler	Read Replies (1) of 99985

Luc, What are your expectations of market direction? I noticed you seem to agree with Arch's opinion on SA thread of a rally... You thinking up, or down? "sharks in shallow water" sounds like a very insightful metaphor for the market. The water is indeed shallow, looks to me the negative look of the daily chart is ominous and still ready to continue it's recent decline, and I guess with shark infested shallow water, not easy to hide if you're in it, no? Personally, I am marveling at how fast this thread got bullish on the heels of that whopping advance yesterday! I can't believe I missed out on a whole 25 pt compx advance. How will I sleep at night? LOL One of my favorite posters, T.C. on BTT thread said yesterday he wished he had stayed flat yesterday...wasn't the best of days I guess. I think I'll continue my present course... I'd be interested in a serious opinion from you what you're thinking. Show us what you got....ggg Regards, Eichler

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