MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: bobby beara who wrote (7479)	3/4/1999 10:23:00 AM
From: donald sew	Read Replies (3) of 99985

Bobby, Guess what, since my short-term technicals for the DOW was not in the CLASS BUY area, todays strong upswing(UP 140 at the time) has pushed the DOW into the OVERBOUGHT region already - WOW. The SPX,OEX,NAZ are only in the mid-range, so if this runup continues there should be 2-3 more up-days. So we will see with tomorrow's economic numbers. HAIM - WHERE are ya BUDDY, you and BOBBY, and others called this pop nicely. Per my chess game analogy last night, I wonder how much of this gain will be retained before the close. Seeya

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