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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.57

+0.7%

Dec 10 4:00 PM EST

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To: bobby beara who wrote (83493)	12/7/2002 11:41:01 AM
From: Tom Pulley	Read Replies (4) of 99985

Quiet around here these days. I need to find a TA or market direction thread to follow that is active but not so active that I have to read 200 messages a day! My model is still 25% short after going short at the open Monday. Most of the indicators though are quickly heading back to nuetral. Put/call is back to up to .91 and equity put/call is back to .76. stockcharts.com[e,a]daclyyay[d19960101,20021231][pb4!b13!i][vc60][iub7!ua20,26,9!uj[$spx]][J6534876,Y]&pref=G Stocks above their 10 day moving average is back below 50%: Message 18310715 So, its hard to be very bearish. At this point I'm assuming the market will be nuetral to weak for the next couple weeks due to tax loss selling, but I'm hoping to see a buy signal prior to Christmas. Bobby and others, what's your thoughts....long or short at this point? Tom

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