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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: tigerman77 who wrote (75650)4/21/2001 10:43:14 PM
From: samim anbarcioglu  Read Replies (2) of 99985
 
tiger, please read newVision's post, I think he states it so well, the trend has reversed, and it is going up at the moment. Who knows for how long.. But the way to make money right now is to not fight it. The link to that post:

Message 15699276

>>It is hard to stop....and we are in a momentum market (for now), IMHO.
I realize people don't like the word "momentum" but it was proved going up and coming down. There seems to be no reason for it to change now...at least until it hits a range somewhere near the middle of the lows and highs of the last 52weeks (away from either extreme)<<
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