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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: Arik T.G. who wrote (2990)12/28/1998 3:45:00 PM
From: donald sew  Read Replies (2) of 99985
 
Arik,

Just got back from doing some errands, and noticed that the market is slightly dipping, but Debra noted that the DOT.X pulled back. I just checked and the DOT.X got as high as 457 and the last quote I got was 437 - a intraday drop of 20 points.

It does appear that the internuts could be at a short-term top. Wonder if this could be a double top in the DOT.X implying a mid/longer term top.

So far my CLASS SELL has not been negated even though the NAZ was up over 25 but now only up about 6.

Arik, just dont see a strong selloff right now as we saw earlier this month, when the DOW pulled back about 700 points.
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