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

To: re3 who wrote (43265)	3/16/2000 9:08:00 AM
From: Benkea	Respond to of 99985

ike: "any chance this is the last chance for j6p to get out with the skin of his/her teeth or do we rocket to new highs??" Well, 3 down days followed by an up day "might" stem the margin calls before a big down leg to wipe em out. 2 up days might even encourage a piling on (perhaps with more margin) just in time for a gap down on Monday. However, support for the NDX is very close and a 10% correction has pretty much been had for the 3rd time in as many months. That said, this correction looks just a little different than the previous two in terms of selling volume, but we'll see.