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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (21483)	7/30/1999 6:42:00 AM
From: Monty Lenard	Respond to of 99985

OT I like the one where he sold RYE to test the wheat market reaction before shorting like 15 or 20 million bushels of wheat. I tell you one thing that still works. It is hanging a carrot out to see what kind of execution you can get at the bid or ask depending on which way the market/stock is going to move. I agree about the tape reading, yet I think it can be done to a certain extent on individual stocks. If nothing else it reinforces my belief that there is nothing new today. The crooks are still crooks and the idea that we are in a new era is wrong because there were periods back then that was also supposedly a NEW ERA. Anyway, it is a must read IMHO>