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

To: IndexTrader who wrote (40585)	2/18/2000 3:03:00 AM
From: Michael Watkins	Respond to of 99985

Susan, I usually miss the morning action (probably just as well). I just cannot see getting up at 6:30 AM. I wish I could miss it LOL! We've been finding during this consolidation period that the first 90 minutes often yield the best trades. This morning I slept in and missed a great clunk. I trade the SP emini futures primarily but will take the odd NDX emini futures trade when conditions are ripe. I like the first couple hours as I can attend to other things for the balance of the day. Re the Hang Seng bear flag, I should warn you I'm looking at a poor quality YHOO chart to spot it... but I think the fact that its been as low as -500 points today means that it was ;) Ok, that's it for me, don't want to miss this opening... Cheers Michael