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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Gersh Avery who wrote (38575)	1/30/2000 9:56:00 AM
From: Jerry Olson	Read Replies (2) of 99985

Gersh you'll find all the info about QPnF(it's a program for trading) on Pat Slevin's thread where Atin hangs out..it's his software, designed from scratch..this guy's smart... here's the link: pnfcharts.com uses P&F to trade real time... problem is, you must subscribe to QCharts to make it work.. but i can say that Tom Dorsey is getting the DWA site set for this type of real time action, right on the charts..this would be terrific to day or swing trade stocks successfully... my problem when i tried to daytrade, was emotions, and i wasn't a great chart reader of candles/or bars..but really can read X's & O's...it's much simpler for me to visulize.. and now with 2 years under my belt, i feel i "see" & "read" like a pro Piffer... IPO"s?? no wasn't talking or thinking about that, but was thinking about a business plan for myself and others to open a web site for traders...i'll see... there are too many people that do not have a clue as to entry/exits/stops on stocks they trade...in fact they don't even know what stocks to buy or sell???...and what sectors are overbought/oversold...i do... P&F does this for me...in all ways..so..i might offer some sort of pay site for this...small group...etc..i'm checking things out now... as for Fed flows..they are draining the liquidity out of the markets that they infused before Y2K... but i feel with some more blood letting, well be setting a nice bottom here shortly...way too much money on the sidelines looking for a home...and bearishness is rampant now, and getting better as we speak...the more the merrier...watch for a nice VIX spike to buy the dip... later

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