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


To: Benkea who wrote (26048)9/16/1999 9:54:00 AM
From: KeepItSimple  Respond to of 99985
 
Just closed all my Sep puts at a handsome profit. (As per my message initiating them 2 days ago)

Now, I hope the market doesnt tank in the next 10 minutes so I can roll some of the gravy over into Oct !!!



To: Benkea who wrote (26048)9/16/1999 9:56:00 AM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Benkea,

>>>>> Is it me, or have we broken some important support on the DOW and S&P? <<<<<<

You are correct! My short-term technicals just gave a CLASS 2 BUY SIGNAL on both the DOW & SPX, but I will not be playing them. If the market does not bounce within the next 2 days then the market may be negating my CLASS BUY signal, which implies greater negativity.

seeya




To: Benkea who wrote (26048)9/16/1999 11:59:00 AM
From: scotty  Read Replies (1) | Respond to of 99985
 
Benkea....WOW!...40 Dow points from next support at 10,600....If 10,400 doesn't hold......KAHUNA.....http://futures.tradingcharts.com/chart/DW/X