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

To: Benkea who wrote (30894)10/21/1999 8:19:00 AM
From: HairBall  Respond to of 99985
 
Benkea: I started to post to j.o. my trading expectation for the S&P E-mini two days ago, but got side tracked. It went exactly as expected, but it had to fulfill some of the up move in after hours after the close yesterday.

I expected an initial fill the down gap, then fill the up gap and then back up to test 1300 before heading south. Looking at the futures that is exactly what happened. Of course, this all looks like hindsight at this point...<g>

Good trading...

Regards,
LG



To: Benkea who wrote (30894)10/21/1999 9:00:00 AM
From: jjs_ynot  Respond to of 99985
 
In the suburban Philly area, the market is still Ok. This summer was white hot and even trash moved quickly.

Houses are now staying on the market longer and builders continue to do what they do even though signs of slowing sales are starting to emerge. I would say we have just passed the peak about 1 to 2 month ago.


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