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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: HairBall who wrote (53976)6/14/2000 12:03:00 AM
From: marginmike  Read Replies (1) of 99985
 
I wont even try to trade this market, absolutly insane. Its like playing russian rollette. The indicators, TRIN, VIX, Sentiment are all pointing to a big bang. Meanwhille Money keeps building up and the market bounces and seems to have support in all the right places. Everyday we are sitting on a fence between maintaing the downtrend and breaking back out. I bought some Qcom cheap, I will hold it. meanwhille I would like to see a nice strong rally then I think I will go short. At some point one must seperate FA and TA and realize that The end is near.
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