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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 675.02+0.9%Nov 25 4:00 PM EST
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To: Mike Learner who wrote (20705)7/21/1999 4:20:00 PM
From: HairBall  Read Replies (2) of 99985
 
Mike Learner: Well I am not sure what you mean, by which Index has the ugliest chart of all with good risk/reward. ratio?

I guess you mean, what Index looks the most like it is tanking, but is not. (In yours truly (LG) opinion, I assume.)

Well, for me that was a short-term play, maybe more, on the DOT. I did that by going long at the open on all of the five major "inutz" I use as indictor "nutz". Today's take was an average of a 5% gain.

And then there was the usual stuff, like IPO chasing etc...<g>

Regards,
LG
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