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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (17420)6/15/1999 2:59:00 PM
From: HairBall  Read Replies (1) of 99985
 
heinz: I have had a sell signal on my Composite Index since about 1pm EDT. With the TYX trending back up....it be will interesting to see what happens after the long bond stops trading again today.

Oddly enough, this is often a revealing time as is the first hour before the equities stop trading.

I have been both long and short today. These more volatile markets are better for trading. Maybe not investing...<g>

It appears that the bullish formations on the NDX, COMPX and DOT are to be negated. I may well see the Market re-enter the long-term rising trading channel.

Regards,
LG

Note: Do not trade based on my signals as they are subject to change without notice.
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