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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Toni Wheeler who wrote (8983)3/24/1999 9:25:00 AM
From: donald sew  Read Replies (2) of 99985
 
Toni,

>>>>> Miss Abbey issued bullish comments, raising her forecasts.<<<<<

OH,OH - there goes the ABBEY COHEN 3 DAY INDICATOR. The story goes that when ABBEY comes out with a bullish comment, 3 days thereafter selling resumes. Anyone correct me if I am wrong, but I recall that, at least once when ABBEY came out with a bullish comment, her own firm purchased a huge amount of OEX PUTs, so if I am correct, just an example how the BIG GIRLs/BOYs benefited from the small players.

So a bounce to the upside could start today or tomorrow, but watch out for MONDAY/TUESDAY.

Seeya
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