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

To: Michael Watkins who wrote (46827)	4/16/2000 9:12:00 PM
From: RocketMan	Read Replies (3) \| Respond to of 99985

Well, FWIW, the futures are now down 109 and the Nikkei is down 5.8% Sure feels nice to be in cash and puts <g>

To: Michael Watkins who wrote (46827)	4/16/2000 9:17:00 PM
From: Jerry Olson	Respond to of 99985

Michael, where did you place your stop, and are you using a trailing stop right here... i actually calculated a bottom spike down at 1280...futures...about 30-40 points in the SPX..and not a whole lot on the NAZ..100-300 or so...the DOW about 300-500 or more...i forget the last low, maybe 9800????...i just looked and the Mar bottom was 9750ish area...heck we might get there in the first 1-2 hours??? with out a doubt we'll selloff hard...i'm very curious about the expected bounce..where that will come in at... my QCharts are not acurate on the INDU daily..somethings wrong there...it's ok on to 60 minute tho...