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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: eichler who wrote (78740)6/15/2001 12:02:26 AM
From: Stephen  Read Replies (2) of 99985
 
eichler, great ... thanks ... over the years I've seen good people fall out mainly because the communication medium this board provides often makes the perception of posts different from what was actually intended. Then people get defensive ... then aggressive ... and so on. Its a waste of everyone's time and effort when we usually all have one objective.

Course ... for years, LG's usually been around to step in, rectify misundersatndings, and get things back on track ... but ... well .... nowadays the old geezers too busy having fun to put up with all this stuff on a consistent basis (you there Larry ?).

As for the market ... I think the COMPX is breaking down out of a diamond that I have targeted to reach around 1815 ... I wouldn't be long with anyone else's money let alone my own - LOL. If they can bounce this one tomorrow my hat is off to them ... I think some short covering is the best that can be hoped for ....and any opening strength will be a headfake and a shorting opportunity. Sadly I have a long weekend trip ... so I may just act like a normal human being and forget the markets. I must say ... whilst I have found them difficult to trade ... they are extremely fascinating ... and I feel lucky to have been able to do this for the last few years.....

Good luck to you !

Best regards

Stephen
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