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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.56

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To: James Strauss who wrote (81353)	8/11/2001 4:19:31 PM
From: DOUG H	Read Replies (1) of 99985

I'd call them "relatively" oversold yet as others have pointed out, the indicators are not yet full pegged, and they can get pasted to the floor and stay there. I've treaded them the last few days, Thursday was a small loss and Friday I made a little coin yet I'm not ready to hold them over night. askresearch.com The last hour of trading has left something to be desired. askresearch.com I'da been more comfortable if we'da not pierced $40 on Friday.

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