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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Timothy Liu who wrote (22367)	8/6/1999 5:03:00 PM
From: James Strauss	Read Replies (1) of 99985

Good points Timothy... I agree that many of us have cash on the sidelines but many others are being hit with margin calls... We'll have to see how this balances out... With the advent of SI and threads like this (Thanks LG), investors and traders are better informed... As such, there should be a good amount of cash that won't be caught in a Bear Trap meat grinder... That's why I'm using the 5 day MA crossover of the 13 day MA as a buy signal... Until that happens, I'm on the sidelines... Jim

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