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

To: Daveyk who wrote (65992)	1/5/2001 12:42:38 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

Dave kilty: Most on this thread try to put our best foot forward using TA, FA, Sentiment and News/Event driven analysis. Of course, none of us know for sure. The best we can hope for is to be right more often than we are wrong, cutting loses quickly and riding the winners. The market today is doing a retrace of a parabolic move off an event. If recent lows hold today, this should be healthy! Uncertainty is prevalent which will continue to provide volatility! I'm sitting doing nada cause I don't have a clue. Too many folks don't understand, standing on the sidelines can be the best thing to do when in doubt. Put your money on the line when you are sure, but always plan in advance what you will do if you are right or wrong! Regards, LG