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

To: Michael Watkins who wrote (44713)	4/3/2000 11:10:00 AM
From: shasta23	Respond to of 99985

Mike! Thanks for the answer. I understand that the action depends on the context. You would not go long if the harami was in a clear downtrend...but the same harami in an uptrend triggers a buy. Another ugly day for the longs today on the NAZ. But despite the ugly prices a lot of these downdrafts are on very low volume. So i don't know how strong the conviction of the bears is at this point. But maybe the bulls are so weak that the bears don't need much conviction. In the end the prices are what counts!Thanks for clarifying. Stefan