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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.72+0.7%Jan 5 4:00 PM EST

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To: Michael Watkins who wrote (62772)11/17/2000 8:12:53 PM
From: John Madarasz   of 99985
 
Remember, Technical Analysis is only about measurement. Based on the measurement, we can then develop some if/then/else rules as to what to do. Frequently doing nothing is the best approach, however many seem to forget that standing aside is a viable option.

Very Good Post...

perhaps the most difficult aspect in trading to master I think... knowing when not to trade.

Have a nice weekend,

John Madarasz
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