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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+0.2%Dec 2 4:00 PM EST

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To: Doug R who wrote (1299)12/11/1998 7:22:00 AM
From: j g cordes   of 99985
 
Doug, there's not much in the TA world I haven't used. My best winning streak was 34 trades without a single loss. When best it was scary how well my system at the time was working. However, I'll be honest that many of the trades and many now are gut feeling judgement calls that I "know" inside are right or wrong based on intangibles. When I've tried to only do it by the books, trades are generally common place and tend to mirror the trends of others more. I believe this is due to TA now being the most popular format for making short term investments. As its most popular its now less rewarding because it needs a good dose of anti TA.

Just some thoughts.. Jim
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