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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: bobby beara who wrote (4939)2/1/1999 7:24:00 AM
From: Arik T.G.  Read Replies (1) of 99985
 
BB,

Top could be in this am.

>>CSCO broke to new highs out of an ascending triangle that points to 126.

Either that or a bull trap. The latter, IMO. Same for WCOM.

>>How about a vertical spike in the Nasdaq composite

Without MSFT?

I say sound the alarm and prepare to man the lifeboats. Buy NDX March puts (I already have a low cost OOM bear spread and intend to increase this am).

ATG
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