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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST

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To: Haim R. Branisteanu who wrote (8451)3/18/1999 8:48:00 PM
From: Lee Lichterman III  Read Replies (3) of 99985
 
Shorting QQQ might work but see my post to Don. This rally could have legs for another week. In your favor, I got an un-expected class 2 sell on MSFT tonight. My signals are usually early but .... It is the most heavily weighted on the NAS so it could weigh it down should it pull back.

You mentioned un-employment up is bad for market. With the exception that the un-employed don't have money to invest, I thought un-employment was good. Higher unemployment means more workers fighting for jobs thus willing to work for less keeping costs and inflation down.

Good Luck,

Lee
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