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

To: Doug who wrote (66573)	1/11/2001 12:55:48 PM
From: HairBall	Respond to of 99985

Doug: The blip back...<g>, was not enough to deflate my technicals. The only question I had going into the close yesterday is that my technicals were still legging into the overbought range. (I like it best when they all line up.) They still have some to go. I did expect more of a repel at the multiple resistance areas. I may have jumped in short here a little soon. If so, I'll cover at my stop loss and look to go short again at slightly higher prices... The longer this drags out, the more in line my technicals become. Since I am betting that the supports go through the test mill, I hope so...<g> Regards, LG