MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 692.76

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To: donald sew who wrote (12917)	5/5/1999 10:47:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

Yes and MSFT is trying to stay up and it appears on the hourly chart that GE MIGHT have put in a double bottomand is staying up also. The $TICK is approaching the extreme downside, the TYX is up near yesterday's highs and the TRIN has stayed over one all day yet the most the DOW can sell off is this? The market is showing a lot of strength considering all the negatives. I am not a dipster but I am starting to look hard at a few targets to get. Since I usually don't play the dips though, I may go with stock instead of my usual options. Good Luck today. Lee

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