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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 676.41+0.7%Dec 18 4:00 PM EST

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To: LTK007 who wrote (63982)12/8/2000 7:26:46 PM
From: KymarFye  Read Replies (1) of 99985
 
Well done... maybe shoulda taken dem short signals (unfilled gap reversal patterns)... Smart Money Index had already dropped heading into the close... but, heck, had a possible buy signal or two (pullbacks in uptrends) also, and this story could change again before I'm done typing...

To me, verifies an old observation of Ralph Vince's: If you think you have a good system, it's prudent just to go flat when the news can easily override.
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