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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

4:00 PM EST

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To: S. Chiang who wrote (8190)	3/15/1999 10:43:00 AM
From: Gersh Avery	Read Replies (1) of 99985

SC .. Well... I figure that there are to many traders that want to short the 10k mark for it to get over it on this attempt. If that's the case then we should move up, attempt to cross the 10k mark, fail and start to pull back. If then this is the start of a pullback in preparation of another attempt at the 10k mark, I would expect to see ~125 drop today and ~180 for tomorrow. Buttttttt ... what the heck do I know .. Gersh

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