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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (16689)	6/10/1999 11:55:00 AM
From: Challo Jeregy	Read Replies (1) \| Respond to of 99985

Donald, Does that mean you are getting close to an oversold reading?

To: donald sew who wrote (16689)	6/10/1999 12:01:00 PM
From: dclapp	Respond to of 99985

donald, I think your "guitar" should be enshrined at The Hard Stock Cafe.. :-)

To: donald sew who wrote (16689)	6/10/1999 12:50:00 PM
From: Lee Lichterman III	Respond to of 99985

Closed out my short position just now. The SPX is close to where I expected a bounce. Not sure if it will be temporary or lasting but after being under water on my puts due to buying too early, I am happy to get out with 30% gain. A few stocks starting to break down and there hasn't been the panic sale yet but with PPI numbers coming out tomorrow, don't want to risk letting it slip away again. Also I had the sell signal on the TYX and it is also approaching LG's target. Rather leave some on the table than let a winner turn into a loser. Good Luck, Back to work and not worrying about the market, Lee