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


To: HairBall who wrote (30450)10/18/1999 6:11:00 PM
From: j.o.  Respond to of 99985
 
Hi LG - Thanks for pointing out that line earlier - it worked well, although it took a minute to get going. Plenty of nice v.short term plays today as we flirted with the big 10,000.

Most importantly today we saw the big boys setting the stage for a nice BTD rally (assuming benign CPI...and if it weren't to be benign, something tells me they would have hammered it below 10k today). I think that the 38.2% retracement of the downmove comes in around 10250. Have to view that as an initial target.

Regards,

j.o.
indextrade.com



To: HairBall who wrote (30450)10/18/1999 9:13:00 PM
From: Matthew L. Jones  Read Replies (1) | Respond to of 99985
 
LG,

I think now I use the same chart program as you... so what is semi-log chart (I have the log button) and it minutely changes the scaling, but if you are not watching closely you can't even notice it on the charts I'm watching.

Have you ever used CyberX? I am quitting AB Watley. Today (for the third and final time) they sent me an e-mail changing the maintenance margin requirements (while I have positions on). In June they did it and I informed them that if they ever did it again, I would change brokers. I would like a good, cheap, direct access broker to interface with Q-Charts and was thinking of them (CyberX). Thanks.

Matt