MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.33

+1.1%

Jan 21 4:00 PM EST

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To: Arik T.G. who wrote (4678)	1/25/1999 12:09:00 PM
From: donald sew	Read Replies (2) of 99985

Arik, As mentioned earlier, we broke slightly below Fridays lows early in the morning and we could easily go lower. However have noticed that the TICK is remaining in a relatively small trading range. Right now the TICK is around negative 500 but the DOW only down about 11, which is not an indication of great weakness. The lowest the TICK got was negative 700. If we get a negative 1000 tick or more, then I think the DOW will crack and go lower. seeya

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