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

To: KM who wrote (24146)	8/30/1999 1:19:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

KM: Partially true...the NYA has but the COMPX has not. And most importantly to me...my OMC Index has not. However, I am not saying it will not happen, just that it has not happened, yet! If "I" were to trade this retrace as a long-term call, the "ahead of the crowd" thing for me to have done, would have been to act with my expectation for last Wednesday to be at least a short-term top...<gg> For me, this retrace was a no brainer...with rising wedges on the NYA, COMPX, INDU and others. And the tops occurred if on que, at significant resistance points. These can easily be seen viewing the charts at my Road Kill page...<gg> homestead.com Regards, LG