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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: James Strauss who wrote (44933)4/4/2000 2:44:00 PM
From: HairBall  Read Replies (1) of 99985
 
James Strauss: Well since by the time you posted, we have already witnessed a major retrace of the drop today, I would say your post is very timely indeed...<g>

Reading this thread is not a barometer of bottoms or tops. Reading the pros and cons posted on this thread and then doing one's own due diligence is the key. If you have been reading MDD as of late, you would have noticed both points of view expressed. Of course, bullish posts are a little lean today.

I have found the best barometer on this thread is when folks come on and make post like the one you just made...<g>

Now that I have my data feed back, my stuff is revealing a intraday down turn is a foot...let's see how far it runs!

Regards,
LG
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