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


To: Benkea who wrote (24421)9/1/1999 4:54:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Not sure if that is bad or good. Extra cash means if we do break out, the upmove could be violent. Of course if they continue to hold, then that means that it is just J6P money fueling this in which case I agree that they will be slaughtered.

If we break out here, then we are heading up 25 SPX and 11 OEX which means shorts will be the ones getting served for dinner.

Good Luck,

Lee