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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+0.2%4:00 PM EST
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To: Rock_nj who wrote (83129)5/2/2002 7:23:21 PM
From: GS_Wall Street  Read Replies (1) of 99985
 
I don't think we will see Sept lows on the averages, but there is no support between there and here. So a new level will be found which will provide a base to move higher. I like to use the saying that bases are built on time not price. So we need time to build a new base (I say at least two weeks to build a decent base)
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