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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: stockycd who wrote (12637)	5/2/1999 2:12:00 PM
From: Jerry Olson	Read Replies (1) of 99985

HI Chris... oh i'm a raging bull alright...with horns??? hahahaha...hey maybe... you mention balls of steel...NOPE!!! just the opposite...Chris it dosen't take balls to trade these markets... especially when you have the KNOWLEDGE that they are going UP right now, and from the Oct 8th lows...if you stand back a bit...and think objectively, trying to tune out the day to day noise...the day to day movement of the markets, to see the general trend...then it was easy to read the direction right??? heck look at the one year chart??? sure we had corrections, puillbacks, selloffs...BUT CHRIS, the trend was UP!!!!!! now it did not take a Albert Einstein to trade this uppward movement for all it's worth...every indicator i follow said that's exactly what was going to happen... Chris Point & Figure told me so...no it wasn't perfect, it was good enough for me to make large money....all you need to do is tune out all the nonsenseical noise and rethoric, and trade the plan...trade the trend...works for me pal... regards, OJ...

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