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


To: RocketMan who wrote (46029)4/13/2000 4:57:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
We could get a NAZ bloodbath in the morning followed by an afternoon rebound. I suspect the powers that be will make a great effort to close the NAZ on a positive note tomorrow.



To: RocketMan who wrote (46029)4/13/2000 5:05:00 PM
From: HairBall  Read Replies (4) | Respond to of 99985
 
RocketMan: Expecting this decline, I started to take some time off, but I just could not vacation during this decline...I had to take advantage...<g>

I have been a little preoccupied this week, even though I have had a good week. I need to give some thought to how I expect tomorrow to play out.

Are the big boys ready for a sharp move down, if so the market will close down Friday. This will give John Q. Public a weekend to watch the news and worry. If they are not ready, (I suspect they are not) then there will be intraday moves that will put in lows that will support a down trend but rally after as to not panic folks over the weekend.

I have seen some in your face criminal activity on level 2 the last few day. These guys have no fear of prosecution. TERN has had ongoing spreads of 1 to 1.5 bucks for several days. CSCO spoofing out the gazoo!

Good trading...think like a criminal!

Regards,
LG