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Strategies & Market Trends : MDGF - Market Direction by Gut Feel ONLY!

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To: el paradisio who wrote (373)7/1/2000 2:48:50 PM
From: Tunica Albuginea  Read Replies (1) of 410
 
el paradisio you and I agree: " This is only a daytraders market
and I am changing the definition of the short time
signals.
Before,the "short time" was 1-3 weeks,now the short time is
1-3 days.


Also know as ,

"Great minds converge to the truth "

<vbg>

TA

Message #373 from el paradisio at Jul 1, 2000 11:46 AM
Stcgg,truth...this is a double bouble and it is not the market for the long time investors any more.This is only a daytraders market and I am changing the definition of the short time signals. Before,the "short time" was 1-3 weeks,now the short time is 1-3 days.
The VIX is another story and it may signal some danger coming soon.
It is posible,that smart money are holding a large short position and this rally on NDX at close was just a short covering.
We may still continue this rally on Monday,but by Tue-Wed we may see some weakness....el

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