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

To: Cathedra who wrote (37758)	1/21/2000 3:21:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

Tom Hoi: Well "The art of being wise is the art of knowing what to overlook." (William James) Is not a motto, but just one of many quotes I find useful. I change them on a regular basis... I have posted links to my reads on the VGY and other primary indices over the last year or so, on this thread and on the old MDA Web Site. Recently (the last two/three months) I have posted the VGY in a combination chart. One I think is most revealing. I will try to find the time this weekend to post a link to some charts again. No promises... The distribution at the end of 1999 followed by reallocation in Jan 2000, is not to be ignored! I am still riding brama bulls, but I am no longer expecting ten seconds... PLUG <------ Anyone that read my post yesterday regarding shorting this issue: This was a trade not a long-term position. Shorting manic stocks like PLUG is for those that are nimble and well capitalized, not for the inexperienced. As I rarely have time to chronicle my trades, I usually regret posting one. When a trade goes against ones expectations that is when following a system and having a plan such as my "nine rules" becomes most valuable. Looking to reestablish... Regards, LG