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

To: Michael Watkins who wrote (41814)	2/29/2000 11:50:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

Michael Watkins: I was expecting this to play out Nov/Dec of last year. I got ahead of my own technicals because I thought there would be a fundamental cause...flight to safety due to Y2K fears. Not a lot, but enough to get the ball rolling. I expected the TYX to peek and began a decent about the same time the Markets began to top....look at the TYX chart and the NYA chart....whoops the COMPX has not cooperated...yet! A unexpected twist, but the criminal mine can be creative...<g> Regards, LG

To: Michael Watkins who wrote (41814)	3/1/2000 7:03:00 AM
From: Jerry Olson	Respond to of 99985

Mike i don't think we're thru moving up off oversold levels here... i always like back to back confirming days in either direction to change the trend... we may have a pullback today, but i'm not predicting anything... as the market sold off, over the last few weeks, i was making large money on the long side... now if we rally a bit here..i'll just make a lot more<g>... all indexs rallied nicely... oh..i'm not trading accumulation/distribution...i'm trading indivdual stocks...that are exploding, on my read of the charts... don't care about anything else.... regards OJ