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


To: PoetTrader who wrote (51388)5/20/2000 1:35:00 PM
From: Stephen M. DeMoss  Read Replies (3) | Respond to of 99985
 
I am a fundementalist but do look at the TA aspect as I invest. Last Oct. the TA scared my FA and thus I was 'slow to the party' in that nice Oct.-Feb. run. Charts do look horrible now and I do not necessarily look for a sharp reversal (to the upside). I am selling calls month to month as I look for sideways action the next few months (seasonal). I just can't buy into the doom and gloom forcasts when there is so much money on the sidelines. Steve D.