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


To: Temple Williams who wrote (61798)11/3/2000 8:35:59 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Temple Williams: Interesting analogy...stretch marks...<g>

I have something to add. The best racecar mechanics are often not the best drivers and the best drivers are often not the best mechanics.

I suspect some of the users of investments tools, created by others, discover ways to tweak them and make them work in ways the creators never thought of...<g> As "da_cheif" is doing with Granville's OBV indicator...

Regards,
LG



To: Temple Williams who wrote (61798)11/3/2000 9:29:59 AM
From: Jack of All Trades  Read Replies (1) | Respond to of 99985
 
Good Morning Temple,

Thanks for the link I will check it out...

My hourly stuff is overbought and will give sell signal if we trade below yesterdays close, say 1434 after 10:30. I am looking more towards the short side than the long...

JoAT



To: Temple Williams who wrote (61798)11/3/2000 9:34:04 AM
From: virtualsignal  Read Replies (1) | Respond to of 99985
 
Hi Temple, looks like the payrolls turned out to be a none event and now the election could influence trade.

This stretchmark ... sideways non-decision that resolves little ... seems to me, the mkt is building a solid base on higher levels, a very bullish sign for the next several weeks, not that it matters for the quick trader.

For today, I also see that 1442 is the battle line and the same for 3450 in the ND's, if it fails and we get the stomach-lurching dip I'll be watching the 1419 line for strong support.

VS :)