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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.48+0.3%Nov 5 4:00 PM EST

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To: HairBall who wrote (42983)3/14/2000 4:44:00 PM
From: dennis michael patterson   of 99985
 
LG, I try to buy panics near support. I certainly don't wait to see support hold-- I use support as a guide. SUNW is a good example. It violated support today. But I got it cheap. When the naz is down 200, and some of my faves are down 20 and 30 points, I buy 'em. It's that simple. Hell, if we gap down tomorrow, we'll have our Naz correction and we can work higher. The only stocks left on my buy sheet are NTAP and Jdsu
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