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


To: el paradisio who wrote (55119)6/23/2000 2:33:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
el paradisio: The price action reversed almost as soon as the break down got started...stock market magicians slight of hand and misdirection...gets us all from time to time...<g>

The market may be propping for a end of day rally or we could just be seeing the "Stuart shaking the change out of the investor's pockets" oscillation. <gg> The COMPX and NYA beginning to get more in sink as most of my intraday multiple time frame indicators are finding their way into the oversold area for both indices.

But I think I will hold short and wait for the market to follow through or stop me out...gonna stick with my initial read...<g>

Regards,
LG