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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: HairBall who wrote (65597)1/2/2001 4:18:36 PM
From: HairBall  Read Replies (2) of 99985
 
Correction to previous post: playing a possible bounce at the falling "support" lines for both the NDX and QQQ

INDU and NYA trading as expected today. Short the COMPX Friday at the break of the rising wedge illustrated on my chart last week. However, the COMPX traded much weaker than expected. I'll take the extra money though...<g> So, we got a retest of the lows rather than a slightly higher low. Let's see if the falling support lines hold, again!

SI server errors all day long...can hardly lurk, forget about posting!

Regards,
LG
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