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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST
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To: Amots who wrote (80752)7/23/2001 2:58:34 PM
From: t2  Read Replies (1) of 99985
 
A bit risky going into Greenspan's testimony tomorrow. He could possibly say something more positive on the economy. That is why I decided to close out many of my short/put positions and added a bit to longs.

Also saw that insider trader guest on CNBC...level of selling dropped in June in tech stocks..but absence of insider buyers.

Could be enough of a factor to tip the scales for a rebound in the near term.
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