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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: donald sew who wrote (16050)	6/4/1999 11:05:00 PM
From: James F. Hopkins	Read Replies (2) of 99985

Donald; I went short just before the close, if it turns the rally is for real the MMs will at least drop her enough to cover their shorts , I feel they took out stop losses late today. They see them just like buy orders to short to. I suspect a run back down Monday then they will feel out the market. At any rate I have never seen a GAP either way on the QQQ yet that hasn't got filled. Both it and The MDY are up on GAPS and if they don't back fill it will be the very first time. I have seen em take 2 or 3 days but they always fill. Jim

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