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


To: HairBall who wrote (12439)4/29/1999 3:49:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
They might get killed unless the money leaving the DOW right now is going into the nuts. Plus side 300 TICK and it is all the DOW can do to stay positive. TRIN is creeping up steadily. Why does this have to be happening so near the close. I don't want to take my position in the last hour and will be working tomorrow. I don't trust first hour or last hour action in the market.

It was going to make a twin gravestone but they are pushing it up hard into the close so it will come off as a white candle if they make it. Not sure if I should short the close or wait. Gotta go and make up my mind here quick.

Good Luck,

Lee