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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST
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To: j g cordes who wrote (16569)6/9/1999 1:11:00 PM
From: HairBall  Read Replies (2) of 99985
 
jg cordes: jg cordes: As I don't have a 25 year rising channel chart

Well, I have been posting it on my chart page on the MDA Web Site for weeks...take a look.

would you post your target projected numbers for the TYX (long bond), and some major averages with the dates you expect these targets to be met then reverse

Tonight I will pan back my TYX chart before I post an update, so you can see some resistance trend lines. Take a look at the rest of my charts as well.

I don't post absolutes...if I were that good, I would own Microsoft. That is just a figure of speech, I would not want you to question me about that as well.

I use identified support and resistance areas, coupled with my technicals to take positions. I trade on percentage probabilities not absolutes. If they go against me I bail, if the go with me I ride them. It really is quite that simple.

... or which sectors are reversing now if that's the case

If you want me to do more...let's work out a consulting fee for my services. I don't do sector analysis...I don't care to spend the time to prep something to present publicly.

Quiet frankly I am beginning to get the feeling your questions are an attempt to challenge and they are more of an attempt to ridicule than to obtain genuine feedback. Convince me other wise...so, I will feel ok about conversing with you in the future.

Regards,
LG
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