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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: donald sew who wrote (7582)3/5/1999 10:37:00 AM
From: Daflye  Read Replies (1) of 99985
 
Donald,
VIX is resting right around 26ish, TRIN is rising up to meet 13ema on a 5 min chart, we might get that pullback today. Like in the next few minutes.
If levels hold I'll be a little more bullish too. I did exit those puts yesterday for a little profit, whew, they were decimated by todays move up.
Up volume on the NYSE is swamping down, almost 6.5 to 1 on the NYSE, 5 to 1 on the NAZ. But A/d lines have softened slightly from the first 1/2 hr of trading.
D
edit: shades of June/July 98?????
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