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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: TRINDY who wrote (1253)12/10/1998 9:19:00 PM
From: HairBall   of 99985
 
Trindy: Speaking of TA...Most recently Donald and I were both calling (in advance) for a top on the Dow on 11/24-25. It topped on 11/23. And, it was all TA.

In addition, I called the July down turn in mid July. And the recent bottom in Oct with the closing numbers on the 9th, only one day after the bottom, again TA.

And, during the downturn called each of the bear flags consolidation moves and each of the bull flag consolidation moves during this most recent run up from Oct 8th, again TA.

However, I always look at FA before investing, when FA exist. If you trade the "internuts" you just have to close your eyes regarding FA and follow your TA and not get greedy...<g>

BWDIK
Regards,
LG
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