MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Claud B who wrote (7420)	3/3/1999 6:48:00 PM
From: Lee Lichterman III	Read Replies (1) of 99985

I wasn't implying that I have faith of a bottom here or the future prospects of oil etc, just to make that clear. As I said earlier, my system is geared towards option trading and just signals me when I can scalp a 5 point move or so on an issue. I haven't downloaded my quotes for the night yet as I just got home but last I looked XOI was up 7 points which fullfilled my requirements so now it could go either way again. I will have to see what the other parameters I use look like. As usual, I was working and couldn't get the trade off so I missed out. Hopefully some of my buddies did OK though. I am not greedy especially when going against the trend on one like this. I take my 5 points and run. <ggg> Good Luck, Lee

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