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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.03+1.0%Nov 21 4:00 PM EST

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To: Terry Whitman who wrote (7864)3/9/1999 7:45:00 PM
From: HairBall  Read Replies (1) of 99985
 
Terry Whitman: I know you did not ask me, but I think if you are position-trading MCD you did ok. I got a segmented day sale on 3/8. However, it was the last segment for the day so I would have had to sell at the open. My end of day short-term timing model would have had me selling at today's open as well. The Fast Stochastic is getting close to oversold territory, already.

Of course both of the above are based on short-term trading models. If you are investing long term for you son, I know this is unsolicited, I would reinvest your Son's money in a good S&P Index fund when you think the timing is right. Then leave it there until he's 21....of course I am assuming your son is fairly young...<g>

Regards,
LG
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