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

To: el paradisio who wrote (46810)	4/16/2000 8:03:00 PM
From: 10K a day	Read Replies (1) \| Respond to of 99985

I think you should fry up some Pancakes..and Flip a coin. LOL

To: el paradisio who wrote (46810)	4/16/2000 8:11:00 PM
From: RocketMan	Respond to of 99985

Last Sunday every large cap was signaling buy, which is why I bought puts Monday morning, it was too eerie to see something that easy in this unsettled market, a setup for ambush. This Sunday, every large cap is signaling sell, except you say QQQ is signaling buy, so who knows. If we do rally at market open, I look for a massive selloff as everybody and their grandmother sells the rally. The best thing would be if we open 100 points down, sell off another 1-200 on large volume, then settle down. Me, I'm staying out of this one and keeping my powder very dry.