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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Berney who wrote (16080)6/5/1999 1:07:00 AM
From: Vitas  Read Replies (2) of 99985
 
Berney, what is the chart pattern ?

I try not to play GE because I use GE and IBM as indications of what the market is going to do.

I see a set of railroad track down trendlines in GE, and until it breaks above it, I'm not worried about missing more upside.

It and the market rallied on lower volume today, so, so far, it's not very impressive.

I'm thinking that we do a retest at a bare minimum, and soon.

Vitas
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