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

To: Les H who wrote (60608)	10/14/2000 11:02:37 PM
From: coug	Respond to of 99985

Hello Les, And the PPT team uses TA to cover their activities, AS they appear to be initiated at oversold, support levels, when typical indicators are ready to to turn up, It would be logical of course. As is trotting out the "usual suspects" , at these levels, as for pumping the indices. . I use up/down volume a lot and it was very positive but with a weird pattern as it held at a high level with no typical retracemnets.. I don't know.. I made some money back Friday, I had lost to recent selling of a couple of issues.. due to the nice spurt but I wouldn't bet the ranch on much further of an advance.. Another thing, I have noticed, is a lot of "players" are using far out of the money calls, and strikes way out , or even leaps in lieu of buying common, thinking they will be OK..Reducing their risks, of course, I think a lot of this money will evaporate too as the fourth quarter earnings and warning kick in before these strikes and prices are realized.... just my thoughts and good luck..c