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


To: Robert Rose who wrote (25185)9/8/1999 12:23:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Robert Rose: Well, for those that bought in at the bottom, the strong pullback can be weathered. But for those that flock in near the tops, it is prudent to sell and buy back at lower prices. And for some, using the elevator for both up and down can be profitable at times...<g>

Of course, those that can ride the ripples successfully are a small minority!

Actually I covered a little early on NTOP yesterday, expecting the rising support line to offer more support. However, I did expect IDTC to touch 23.5 and covered there, although I have another support line in the 20.125 area, it may not come into play.

My recent day/swing trade longs have been, LOIX and MYPT over the last couple of days. I always use my own TA for entry/exit points, a new SI resource for IPO picks to research is:

Subject 29596

Good trading...

Regards,
LG