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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.04-1.7%Nov 13 4:00 PM EST

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To: donald sew who wrote (8383)3/17/1999 7:29:00 PM
From: Lee Lichterman III  Read Replies (2) of 99985
 
>>Hey, ever so often, even an idiot can have something intelligent to say.<<

Hey! I resemble that remark! I take it we have fulfilled the minimal requirement (75 points)for your pullback now yes? I have mixed signals as usual but for different reasons. Bullish was that many of the stocks I expected to fall either did so on low volume or only dropped minimally. Bearish, a lot of bearish candles such as gravestone doji on AMAT and hammer top on CPQ. I think you may be correct that this won't amount to a whole lot unless they are holding up for the weekend.

I haven't had a chance yet to pull all the OEX options to see how many contracts were closed as we swung around today. I will hopefully get it done tonight and post if there is anything important.

Good Luck,

Lee
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