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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.28-0.5%Dec 1 4:00 PM EST
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To: KY who wrote (13052)5/6/1999 2:20:00 PM
From: donald sew  Read Replies (1) of 99985
 
KY,

If you saw my note on TECHNICAL DELAYED DIP, I suspected yesterday that the market could possibly retest the recent lows, and then bounce from there.

I would get much more negative if the DOT.X got creamed alot more, since I still believe that they are the momentum leaders, just not
now. So if they do break their major supports, thats not a good sign.

For now and this immediate short-term cycle, I am only suspecting a retest of the recent lows.

seeya
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