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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.38

+0.1%

Nov 12 4:00 PM EST

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To: Jerry Olson who wrote (16060)	6/4/1999 10:34:00 PM
From: Paul A	Read Replies (1) of 99985

raging bull? One piece of data, and some profit taking by shorts and suddenly all of s/i is bullish? w0w! cmon folks... I too was watching the tape on the fat cat internets and saw a lot of short covering (?) Im still short internets, and dont plan to cover unless we push hard right into the afternoon on Monday. Im watching volume because until there IS some volume, how can anyone apply any realist analysis??? ...Now if we throw some gas on the fire early next week (volume) ill back away, and way for the end of week selloff which is a given..

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