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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Monty Lenard who wrote (14137)	5/16/1999 11:15:00 PM
From: TimbaBear	Read Replies (3) of 99985

But the selling volume didn't appear to be there....wide selling on a low volume Friday....I take it as traders taking the safe approach and taking profits....sit out the week-end and see how it all settles....I am amazed at the raw number of doom-sayers there are here and how many negative opinions can be extropolated from one unusual days trading....It seems as though some are trying to use TA to support preconceived biases rather than as a trend tool....Heck, I'm just a redneck down here in Florida, but even I know that one cold night down here can't be used to predict global cooling....You folks have an awesome array of talent with numbers crunching and graphs, I would just like to see it tempered a bit more with objectivity and humility.

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