MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

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To: el paradisio who wrote (79902)	7/10/2001 4:36:11 PM
From: eichler	Read Replies (1) of 99985

El, OK, appreciate your view. I didn't agree with your QCOM rally call recently, and today's chart looks to me like it is only beginning to break down...so I'm not so sure the gap at 59 is all that meaningful. Today wasn't all that big a flush down, but with some follow through tomorrow, a bounce as you expect could well be in the cards. Good moves usually call for some kind of counter-move, so one could be due imminently.... Best of luck, Regards, Eichler

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