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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.04+0.7%4:00 PM EST

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To: Monty Lenard who wrote (14024)5/15/1999 7:00:00 AM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Monty you are not alone, we all pay our dues <GGG>

"It was really quite commical until I tried to catch INTC because I said "this time it is for real". Lost 3/16 before I figured out I had been suckered also. VBG."


Same happen to me with QQQ lost there some after having a nice gain for entering short into Friday. Well my little loss was well deserved as it was a pure "guts feeling" trade.

We need to penetrated Friday's lows to have this thing rolling. The high open interest in index puts may negate a correction next week.

will see.

BWDIK
Haim
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