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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%4:00 PM EST
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To: dennis michael patterson who wrote (24185)8/30/1999 8:14:00 PM
From: HairBall  Read Replies (1) of 99985
 
dmp: That explains it, I thought you had gone long some instrument such as the QQQ etc.

Individual stocks while effected by overall market direction can and often do move independently, of course you know that...<gg>

I prefer to catch a stock and the market moving in unison. However, lately I have been shorting stocks going south during the rallies. Of course, I also like those mo mo inutz as well for short-term plays.

Regards,
LG
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