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


To: Crimson Ghost who wrote (42485)3/7/2000 2:30:00 PM
From: Fun-da-Mental#1  Read Replies (1) | Respond to of 99985
 
"get out with a whole skin near the top" ...that's what I'm trying to do, but the TSE's freakin' antique trading computer won't let me!

Fun-da-Mental



To: Crimson Ghost who wrote (42485)3/7/2000 2:36:00 PM
From: IndexTrader  Respond to of 99985
 
George,

I was not saying that we are having a Kahuna. <g>
I was just responding to the previous post. What I did say is that we are in the process of retesting the Feb 28th lows and the outcome of that testing process will determine the direction of the S&P for the next couple of months. My bias is to the downside but I will wait for confirmation. I will be watching for divergences in momentum and breadth.
Susan