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


To: Temple Williams who wrote (76118)4/28/2001 12:30:16 PM
From: Mike M  Respond to of 99985
 
and if they held them, all those contracts are snorkeling right now....

LOL...I have visions of bubbles bursting at a watery surface.

Yeah, I too see a rally...looks to me like an initial surge and then later in the day a final run up before the market rolls over. Like you, it is hard to envision any run to new lows by May, but thirty plus years in the market tells me to react to trains rather than trying to stop them in their tracks.