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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 688.98+0.5%Jan 22 4:00 PM EST

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To: bobby beara who wrote (81046)7/31/2001 1:07:28 AM
From: Boplicity  Read Replies (2) of 99985
 
count me in the lottery then. I have been doing this for 26 years bobby, your not telling me anything. The point is that there are many stocks out there that are beating the averages that you don't have to trade in and out of stocks, especially off a firm bottom like we had in April. There are many ways to use the market direction, not just for day trading or swing trading. When you get firm bottom like we had in April you don't need to worry that much about the day in and day out, I still feel that way about the market, especially as it moves sideways since money hunts for action. The action is not in the averages at this point and that's what I'm trying to say. You can go boring like WMT which is just starting a multi year run, DL for maybe a multi year run or you can stay long JNJ, MCK or buy HDI on the new bike they have coming out, or you can buy spice with SLVN, or even more spice with CGX, even the doomed MOVI. <g>

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