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


To: Stephen M. DeMoss who wrote (66584)1/11/2001 2:24:44 PM
From: HairBall  Read Replies (3) | Respond to of 99985
 
Stephen: Nope, but I covered at 62.5 for a quarter point loss, plus commissions. I covered my long position into the close yesterday at 60. So, I did miss out on the rise today, but you can't catch all the ripples. I caught most of them over the last few days..<g>

Buying is strong today and is coming in on any minor intraday pullbacks.

My first position was too early. I would guess the big boys want the price to break above last Thursday’s high or at least retest it. If my technicals line up before the day is over, I may try again...<g>

Regards,
LG

PS: SI not working well today!



To: Stephen M. DeMoss who wrote (66584)1/11/2001 2:35:54 PM
From: KymarFye  Respond to of 99985
 
So the Greenspan-span is history, almost... don't know what else the COMPX can do to impress us s-t... close above it (by a good margin even) still crucial, maybe just as important is to take out the high from the day after - 2644.8 call it 2645, need a decent final hour to make THAT happen... now wondering how high NTAP can go, may be stopped out shortly... reluctant to take any more long positions today unless 2644.8 goes!... oh, made some long on HGSI this AM, gave it all back short... GILD still crawling along...