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

To: Haim R. Branisteanu who wrote (47025)	4/17/2000 4:47:00 PM
From: AllansAlias	Read Replies (1) \| Respond to of 99985

The bulls are snorting. This is their day and I take nothing from them. I am stunned by how quickly a day can turn people around. There are simply too many traders who could not enter buy orders fast enough after 2:30et. This is not over. Given my bearish stance coming into the day, I caught the bear-trap at the bottom, and for that I am thankful. Now, as I move back to a wider view, I am unfailingly watching the upside target for a fade. If the NASDAQ should make a new high, I will reconsider PDQ. Good trading and I hope you all had a good day. --Allan