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

To: bobby beara who wrote (29267)10/12/1999 9:38:00 PM
From: KM  Read Replies (1) | Respond to of 99985
 
23 posts today. Hmmmm . . . .



To: bobby beara who wrote (29267)10/12/1999 10:04:00 PM
From: LTK007  Read Replies (2) | Respond to of 99985
 
<<patience will be a virtue and leverage might not be your friend.>> I have been trying to pin down the meaning of leverage--I had come to understand it of having plenty of cash behind you as you enter "a play".
So on your use of the word leverage,I then take it to mean
that if one were to go partially in with each dip he would see he has averaged down into a big hole,with a long way to get out.
Is my sense of leverage erroneous? Always seeking to make myself a "know it all" by asking questions of those who do know:) Max



To: bobby beara who wrote (29267)10/12/1999 11:23:00 PM
From: TA Trader  Read Replies (1) | Respond to of 99985
 
BB,
Harley has short term bottom 18-19, a minor rally, and major bottom Oct. 28 =/- 1 day. The only difference is that he feels that the Sept. lows will hold. We shall see!


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