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

To: John Madarasz who wrote (31787)	10/29/1999 12:25:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

John ; You hit the nail on the head as far as I can see. the dollar may have put in it's bottom , it's got above its 50 mda but just a tad , like it sort of broke the down trend line but not with conviction. RE Don's idea that we may triangulate. may hell I think we are ! Told all my friends on the PM side it's to foggy to call.. just have to watch it real short term. Any one who thinks they can make a market call right now does not understand the market. They might "guess" it right and then think they were smart, then latter that will cost them. It's not callable at this time because of that triangulation, Big money knows what it's going to do but keeps them cards well hidden, I just have to watch closely right now. --------------------- I don't think it's straight up that's for sure, not yet anyway. I'm trying to watch that dollar index more than anything it has improved enough to cause me to not want to get short right now. I do have one short open but which one I can't say. ( promised a friend I'd keep it mum ) Jim