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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 675.02+0.9%Nov 25 4:00 PM EST

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To: RealMuLan who wrote (4855)1/28/1999 6:46:00 PM
From: Monty Lenard  Read Replies (4) of 99985
 
YZ, I initially asked LG the question and so far I vote on your answer. Reason being, the ones that have been beat down that one would not want to short carried 1/8 & 1/16 spreads so if you were buying no problem.

One other thing I noticed was the the tick stayed low or negative most of the day again. Don't know how much that means but just looks strange to me that it is so low (like +60 or even negative) with the market going up strongly at times. Did not watch the tick every second but I sure watched it a lot during the day.

Monty
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