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


To: TRINDY who wrote (28366)10/4/1999 7:41:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Nevertheless, I have gotten burned in the past ignoring them.

Trindy, i have ignored them plenty of times myself, then after the move happened and i didn't go with it, i say to myself,

self, i knew that was gonna happen -gg-

If you read Paolo's recent post, i agree with a lot of it, the large volume last week, was the kicker for me that got me out of the short side and back on the long side, i would regard the volume and the small bodied candles, could be a sign of accumulation, just the way the big volume small bodied candle on April 13th i believe was a buying climax and sign of distribution.

bwdik