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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 676.47

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Dec 18 4:00 PM EST

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To: LTK007 who wrote (63987)	12/9/2000 8:30:26 AM
From: Stephen M. DeMoss	Read Replies (1) of 99985

I agree. My system had gained me $6,500 for the day yesterday and I always end the day flat (no positions). Yesterday, with the futures signaling a gap still higher and the thought that Bush should win this final victory, I carried one position into the close. I did close it after the close at a $6,000 loss (it was breakeven at the 4pm close). It was a good lesson to me. Stay with your plan and keep emotion out of it. I am still learning <G>...Steve D.

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