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


To: set who wrote (49171)5/3/2000 12:10:00 PM
From: Michael Watkins  Read Replies (2) | Respond to of 99985
 
Well its a fun day none the less. After being short more or less from the open, I caught the one great move up and bailed quickly as it ran into resistance underneath 3600 again.

Final outcome for the NDX is now being decided in this area. I have no opinions. Seems to want to go up from here, but I'm done trading for the day, have things to do and profit target already met.

Judging by the action right now, the decision will be made very shortly...

Cheers
mw