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

To: Gersh Avery who wrote (24409)	9/1/1999 3:52:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Well I am trading stupid right now. My broker page went down and by the time I got the phone form the wife, called it in and tried to buy, I had missed the move. Instead of calming back down, I tried to catchthe upspike and got taken for a ride. I am being stupid now and need to just sit a day or so out. I had the tops and bottms called but could not execute. Now I am chasing and posting to show what NOT to do while trading. Ouch this hurts. <ng> Not sure if they are running stops here or what is going on. All the stuff says we should go down but I traded against my system which was on a buy and am paying the price. Doh! Good Luck, Lee

To: Gersh Avery who wrote (24409)	9/1/1999 4:24:00 PM
From: Matthew L. Jones	Read Replies (1) \| Respond to of 99985

Does it trigger sell programs when it broke .62 to the downside or when it broke 0? It broke .62 three times in the last hour (if I'm not mistaken). Would an appropriate play on that to be to look at the Nasdaq top 5 average daily volume and look for the one with the lowest RS for the day (the weakest stock) to play short for a daytrade or the strongest RS for the day (strongest) to buy for a daytrade on a buy program trigger? Kind of like stepping in front of size? Thanks, Matt