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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: Michael Watkins who wrote (63520)12/1/2000 3:24:41 PM
From: HairBall  Read Replies (2) of 99985
 
Michael: Well, I have been trying to respond to your previous posts, for some time, but SI would not let me reply on MDD for some reason...<ng>

My shorter-term intraday technicals gave sell signals at 14:00 for the COMPX and 13:15 for the NYA. I started closing out my remaining intraday long position at 13:30.

Sorry, just an after the fact post, now. However, anyone that went long yesterday and used trailing stops should have already booked profits...

EDIT: I think with the addition of the no fee SI, the servers are going to continue to get bogged down. Still holding YHOO with a stop just below my buy in price. I hope I don't regret not booking profits on this one when I had the chance. I am hanging with my earlier read and tagging along with JChen...<g>

EDIT #2: Just decided to book profits in YHOO, only about two bucks but I'll take it.

Regards,
LG
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