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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: StockOperator who wrote (13751)5/13/1999 9:47:00 PM
From: StockOperator  Read Replies (3) of 99985
 
thread,

Based on what I am seeing today I have never been more bearish since the summer of last year. If we do not get a substantial rally tomorrow I believe it is a distinct possibility that the break in prices that I have been talking about may indeed become a reality. As a matter of fact we may actually be in the "eye of the storm" right now and not realize it. I am very bearish right now. Of course the end of the week will give us a more accurate description, but let me just say that today was a horrible day for many issues.

If you are long be very careful here!!!

Good trading.

SO
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