MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.16

+0.2%

Jan 12 4:00 PM EST

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To: HairBall who started this subject	11/1/2000 9:00:42 AM
From: Temple Williams	Read Replies (1) of 99985

Sorry not to post more often. Been busy. My Alternate and the Preferred often resemble one another at the 2-min level ... but today is different. And the Alternate series will have some effect on my trading (it falls hard). It will basically make me more fearful. I will use the Preferred as my EWave filter, at least until 11 am ... but if the market has not registered a recovery from the opening gap lower by then, I will have no trouble throwing my alllegiance to the Alternate roadmap. It is structurally not as strong as the Preferred, but it still might deliver a blow to prices. Preferred start chart: sellnow.net Alternate start chart: sellnow.net

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