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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.27

-0.5%

Dec 1 4:00 PM EST

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To: Tom Pulley who wrote (83116)	5/1/2002 6:48:53 PM
From: GS_Wall Street	Read Replies (2) of 99985

Hey Tom, I was too quick and started buying at 1720 all the way down to 1650, I have stopped because important support levels on the qqq/naz have been broken, imo we are in no mans land and could retest sept lows (I personal think we will not go that low). What I mean by no mans land is the indexs may find a new support level somewhere between hear and the sept lows. The market needs time to build support, until that is clear I am standing pat.

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