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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.63

+0.4%

Nov 19 4:00 PM EST

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To: bobby beara who wrote (10132)	4/7/1999 1:17:00 PM
From: donald sew	Read Replies (2) of 99985

Bobby, Lots of WHIPSAWING already. Starting yesterday, there was a 100+ selloff in the DOW, then a 100+ runup to todays highs then about a 70 point selloff so far this morning, but more importantly the NAZ sold off about 80 points from the intraday highs. Now if that aint some WHIPSAWs, I dont know what is. I agree with LG and that is that this high volitility/whipsawing action is a prelim to a strong move regardless of direction. It is showing high levels of indicisiveness in the market. Yep, when you and I go bullish, this market is going to tank. ggggggggggggggggg. seeya

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