MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: StockOperator who wrote (14847)	5/25/1999 10:27:00 AM
From: Compadre	Read Replies (2) of 99985

SO: Weather we rebound from here or not I believe that the markets could go down more. We could rebound to the 55 day EMA and then head down again. Like you said , the damage is done, and if this was a shake out, it will take a lot of time to repair that damage. And I would not expect the markets to rally from here. Regards, Jaime

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