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


To: James F. Hopkins who wrote (17217)6/14/1999 9:19:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Jim,

>>> Futures up strong so far this morn, ready for another bounce.
Maybe just maybe a two day bounce? <<<

Maybe, keeping in mind that this is EXPIRATION/TRIPLE WITCH week, so
things may get skewed.

I was origninally expecting downside continuation with a short-term bottom around TUE/WED. We could get a short runup or
ZIG-ZAGGING/FLAT pattern. Regardless, the upside should be limited.

With the OEX MAX-PAIN around 660, just dont think we will go too far
this week.

seeya