MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: HairBall who wrote (6093)	2/11/1999 1:06:00 PM
From: Stephen	Read Replies (1) of 99985

LG - its still early in the day imho. The traders may try to take it to a new high later in the day before selling off somewhat. The daytraders in this situation are very important re intraday moves .... but I agree we should end the day below current levels. I can't imagine a blowout end of day ... unless the trin changes. However, it seems to be more of a lagging indicator today ...... Interesting Regards Stephen

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