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

To: Michael Watkins who wrote (44537)	3/31/2000 2:00:00 PM
From: shasta23	Read Replies (3) \| Respond to of 99985

HI Michael! >>An inside day after that big sell off is indicative of a turn around..... Can be, but I prefer to view it as a "balance point", neither side winning the battle. Where price moves from there is more telling, and I find it much safer to just sit on my hands and wait for things to play out.<< So your way of playing it is going long when the high of the inside day is taken out and short if the low breaks again? Stefan