MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.66

+0.2%

Dec 5 4:00 PM EST

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To: Patrice Gigahurtz who wrote (83294)	7/15/2002 12:55:01 AM
From: Greg Jung	Read Replies (1) of 99985

No clues from me, its options week which might give some support & maybe help ignite a small rally. I dont think there would be much follow-through and I don't think the tech reports are determining factors ... techs may start seeing money only well after healthy corporate profits are in place. I'm still looking for a brief up move for SPX stocks and am slightly positioned for that. If I wanted to relax more I would go with 1/SPX on the theory that we will decline until Microsoft valuation is lowered. >> Any bets on what happens next week? <<

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