MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: Compadre who wrote (13541)	5/11/1999 1:46:00 PM
From: StockOperator	Read Replies (3) of 99985

Jaime, thanks but it is still way too early for that. The market can still go either way. Personally, I think this indecisiveness is all interest rate related. Which means this current state of limbo that the market is finding itself in should remain in place until after the meeting next week. Which means anything can happen between now and then. So far the disturbing thing about today's move is that many of these movers like AOL and even the NAZ have gapped in doing so. Which is bothersome because we have been in an environment the past couple of months where these gaps are usually filled pretty quickly. So caution is indeed the word here. Good luck trading. SO

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