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


To: patron_anejo_por_favor who wrote (49726)5/7/2000 9:15:00 PM
From: Michael Watkins  Respond to of 99985
 
For the record I do not subscribe to the Plunge Protection Team theory...

However if ever there was a time to influence the market up, in a manner that is separate and distinct from normal buy and sell market mechanics, its on a light volume Friday.

What goes up on unnatural buying doesn't usually stay up. However I'm a slave to the chart and will do what it suggests. I don't think we will exit this week without some resolution one direction or another.

And typically when I have to travel on business, things unravel, so watch the market closely from Tuesday through Friday as I'll be stuck in a plane for much of that time!

LOL