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


To: KM who wrote (33189)11/12/1999 7:18:00 AM
From: j.o.  Respond to of 99985
 
Yep <gggg>. Stopped as we jumped back up into that s/t uptrend channel...got out right around 1380 cash, so the damage was limited to 2 points. Trying to get a picture now of what this late reversal means. Trying to short here is really fighting the tape, I guess...and the S&P future just had NO sellers late in the day. The price action was pure bid - I should have stopped earlier, but waited for the confirmation with another attack on 1380.

Today's another day <ggg>

Good trading,

j.o.
indextrade.com