MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: HairBall who wrote (3892)	1/13/1999 2:39:00 PM
From: StockOperator	Read Replies (1) of 99985

The close on the averages today will speak volumes. We are seeing a serious comeback in the market. Considering the NAZ has led this whole rally, a close in the green would be huge. Looking at its chart today's action closed a pretty significant gap at the 2260 level. With the S&P, SOX, even the Russell 1 & 3000 turning positive. Today's CLOSE will tell us much. Lets watch to see where the smart money takes us between 2 and 3:00. Good trading. SO

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