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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: Debra Orlow who wrote (2456)12/21/1998 9:23:00 AM
From: John Pitera  Read Replies (1) of 99985
 
Debra, Neta does look like it has been consolidating recently,

if it moves strongly through 57, ala Csco, it will negate any shorting potential,

tscn.com

If it drifts up to 56-57 then I am assuming that some divergence, a double top, and some weakening fundamentals may be there, but you are
right that the daily divergence is not that bell ringing.

We can review at 56.

Thanks for your imput,

John
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