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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST

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To: Vitas who wrote (7365)3/2/1999 8:55:00 PM
From: donald sew  Read Replies (1) of 99985
 
Vitas,

Frankly, I hope you are right since my PUTs are already in place.

Im just seeing a small bounce early next week or Friday. Now if we break 9050-9100 to the downside, well we will head straight to lower supports and it wont be pretty. But for the time being Im seeing 9050-9100 holding, at least for a bounce up. Thereafter the bigger selling starts or some more range trading first. Regardless Im bearish and feel that we are heading down, and it could be long and drawn out and ugly and stinky like BOBBY BEARA gggggggggggggg. (only kidding Bobby).

seeya
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