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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

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Nov 10 4:00 PM EST

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To: Terry Whitman who wrote (4630)	1/24/1999 12:37:00 PM
From: Lee Lichterman III	Read Replies (1) of 99985

>>"decapitated head and shoulders"<< First thing that popped into my mind though was "will we get a fake rally to fill those gaps? Could be something to keep in mind if we pop up all of a sudden. It may not be a head fake (pardon the play on words again) but an attempt to fill the gap that may not nullify the formation. Just my 2 pennies on the formation. I love that name!!! Vitas - excellent article, just printed it for a keeper and mailed it to my trading friends. Lee

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