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


To: steve susko who wrote (15990)6/4/1999 1:01:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 99985
 
It depends on your definition of reversal... if I see an intraday reversal, I'll just hold my positions... in fact, I think we could retest the 1307 level in the SP cash, but I won't short for that reason..... I need a daily chart pattern that shows me weakness, and I'd make my move on the close..... for that to happen today, we would need to make new lows and close below the current lows now in place, a major reversal.....

GZ