MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: pater tenebrarum who wrote (12547)	4/30/1999 2:59:00 PM
From: StockOperator	Read Replies (3) of 99985

With a hour or so left in the markets. The damage appears to be accelerating. I would be careful here, we could very well see a couple of hundred point down day before the day is through. Remember we are up 1100 pts - with those highs coinciding with the last day of the month. I am breaking one of my own rules by being presumptuous, anything can happen in the last hour. But at this point and time it is probably the wise thing to do. Many of those resistance levels proved too much for the markets to handle. I can't wait to download my data to see how the individual issue fared today. Regards, SO

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