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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: donald sew who wrote (8437)	3/18/1999 7:45:00 PM
From: HairBall	Read Replies (1) of 99985

donald: Sorry, I did not get back to you sooner. I had some non Markets business to attend to this afternoon. However, a great trading day all day I see. I was lucky enough to ride the AHWY rocket this AM. I love those "internutz"...<g> Of course, I "always" take profits to early...but this time maybe I sold at the top because I closed the position before I left...<gggg> I took a look at the VIX.X. I really do not follow it much. What I see, looking at the 60 minute bars, is a megaphone. Of course you have to ignore the big down spike to get any formation. However, that's not one of the formations I use. So, I can not help you with this one. Anybody have a good definition of megaphones? It does look like it wants to go lower... BWDIK Regards, LG

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