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

To: HairBall who wrote (22214)	8/5/1999 12:36:00 PM
From: j.o.	Respond to of 99985

You're 100% correct, LG - the swings are going to continue to accelerate, whether we continue down here or use the potential key reversal today to put in a bottom. We'll have to watch the close today - it should tell us where we're going next. If we can't manage to close significantly above yesterday's close, then we're still in trouble. Today seems so perfect, though! I am continuing to play the long side here. I haven't been as excited about a trade as I was this morning in quite some time. Nice when those work out! <gggg> I am putting in a trailing stop though, to protect some gains. Hope not to hit it in these volatile markets. Good trading, j.o. indextrade.com