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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Vitas who wrote (15189)	5/27/1999 9:51:00 PM
From: Jerry Olson	Read Replies (2) of 99985

Well Hello Vitas... was it something i said???? <gggg>>.. Vitas...we are right in the middle of the field with the sectors.. how ever...with 2 early indicators the Hi/Lo & Percent of 10, already reversed from very over sold areas above 70+++%%%, and the BPOPTI another short term indicator that just reversed down, and the DJBB(bond) index reversed down, and the NYSEBP going to reverse down.. i could say we are in deep doo doo...is that defensive enough for you???Vitas???? the real question is this...in the next 30 days...either the eco numbers will not justify the FED's tightening bias or it will..if it does and he raises rates .25 basis points were going immediately to 9100 DOW imo..and Vitas...fasten your seatbelt..it will be the fastest selloff in modern history.. till then we can trade from a hit & run style, scalp, flips and swing trades only...we'll invest at the bottom...where ever the hell that is... so as of this moment in time....DEEEEEEEEEEE fence....with a bullish bias<GGGG>...

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