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


To: Si_Detective who wrote (14236)5/17/1999 5:40:00 PM
From: J. P.  Respond to of 99985
 
Looks like the MM's and Specialists are taking advantage of the light volume today to run lots of stops. Many stocks sitting right on support levels right here, particularly the financials. It's a coin toss!

I'm holding a lot of puts, but my feeling is we'll rocket up, since Rubins comments and the Fed coupon passes today tell me that the powers that be don't want to let the air out of the bubble!

Tomorrow is gonna be interesting.