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

To: Gersh Avery who wrote (38547)	1/29/2000 2:47:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 99985

Gersh... i just trade the charts...everything else i just don't use anymore.. i try NOT to guess this or that..i follow the indicators, and have done much better for it... the outside influences of the Fed, politics, money flow, etc etc..is meaningless to me now... we at P&F talked about the movement in our short term indicators before they turned down, and then confirming this move was the medium one to turn as well.. if the Main Coach moves into O's??? i'll be totally short, and will sell all rallies in bloated stocks and indexs... i just looked at the OEX, it's in a perfect P&F pattern to move lower quickly after "maybe" a run up..to resistance... it will be without emotion, that when it hits our trading range back up, i will short it...period...just like i will any stock that has the very same patterns... i love our P&F patterns on stocks long and short..they are amazingly accurate...tradeable, and rewarding beyond anything i was able to do using other TA forms... man i can read my charts like a pro...and..with great confidence now...i trust the TA of P&F...