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

To: eichler who wrote (62095)11/9/2000 3:18:13 PM
From: KymarFye  Read Replies (1) | Respond to of 99985
 
Right on, Eichler. Amazing how predictable some of these "random" events are, and how easy it is to scalp a chunk if you're quick. Talk about an inefficient market! But don't get too cocky (appointing chiefs of staff and secretaries and so on): Played the gap reversal this morning also, did fine on two positions, a third one just missed, but when the sell-off came it was brutal, ran my stops in a second.



To: eichler who wrote (62095)11/9/2000 3:23:12 PM
From: 10K a day  Read Replies (1) | Respond to of 99985
 
I think we need to buy the Leaders.
Blow out some leaders....for a while.



To: eichler who wrote (62095)11/9/2000 4:12:49 PM
From: eichler  Read Replies (1) | Respond to of 99985
 
So far, so good. Got that modest rally. 60 minute charts are
now confirming ($compx) follow through (up) likely tomorrow
a.m. Personally, I'm going to have my finger on the eject button for current longs, expecting a pullback after early
a.m. rally. I will allow for the possibility that today may
have been the bottom, a day early; but skeptical.
Tomorrow should be a howl!
Lunartic


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