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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: Jon Khymn who wrote (83751)4/23/2003 7:34:43 AM
From: Tom Pulley  Read Replies (1) of 99985
 
Tom, why is this thread dead?

Actually this thread has been quiet for the most part for the last year and half. Every once in a while a few people get on and pick up the pace for awhile. It seems to me that these threads need some regulars to post numerous times daily to keep them active. We don't have that here, and frankly, that is one reason I post here.I am fairly busy and it is difficult to read all the posts on the more active threads.

The market is throwing us a curve ball here.........not the first time. This short trade could end up being one of those losing trades that happens from time to time. However, so far my indicators say to stand pat. The market has a way of luring you into abandoning a trade at just the wrong time. Perhaps that is where we are right now.

I'm actually quite surprised the market hasn't reacted more negatively to SARS. Can you imagine the effect it would have on our economy if it hit us like it has China and Hong Kong? I certainly hope and pray it doesn't, but I think that is still uncertain.

Tom
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