MDA - Market Direction Analysis Message Board

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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: StockOperator who wrote (39747)	2/11/2000 10:57:00 AM
From: danderso	Read Replies (1) of 99985

not a tangent to me, SO. I am trying to understand the basic approach. I also saw Axxel recommend a long on this a month or so ago based on TA. The stock rose mildly and then dropped. I asked myself "how is it that when a stock rises due to a mistake, that peak provides support for later trading?" I'd be inclined to short ADSP on any significant rise, so I'd appreciate your insights. And in the case of ANDN, doesn't the buyout put an approximate ceiling on the price? thanks for taking the time to respond, David

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