MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.10

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Jan 23 4:00 PM EST

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To: eichler who wrote (81093)	8/1/2001 2:23:15 PM
From: eichler	Read Replies (1) of 99985

key here on short term direction is higher highs and higher lows....(don't buy the highs and sell the lows!!!!) home.earthlink.net Notice stochastics rapidly approaching oversold zone....price still holding a higher low.... Daily chart bullish is a clue too... If we take out the low and plunge, that should say something too! Watch, take your high percentage shots! Be ready to bail if signaled... I'm reading other threads where people are selling the lows, buying the highs....sheesh...IT DOESN'T WORK!!!!!!!!!

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