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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: Bull RidaH who wrote (10216)4/8/1999 5:51:00 AM
From: bearshark  Read Replies (1) of 99985
 
David: The potential now exists for a significant change in direction within the next 5 days. I was looking at your notes and they are consistent with my thoughts. I was almost praying for that late rally yesterday afternoon. I just hope we can open up on lousy volume this morning. That would get us to about 1347.

My thoughts are also consistent with yours on the extent of a decline. If we get a healthy decline, I would be ready to go long again. I think this is an excellent opportunity. I just hope it works out.

I am quite excited; bearly able to restrain myself.
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