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


To: HairBall who wrote (67167)1/18/2001 6:50:07 PM
From: JRI  Respond to of 99985
 
*OT* Thanks for your responses in the past. Re: Strategy/stick with it...actually, part of my "strategy" is to get input from folks about the short-term technicals (when they don't make sense to me), look at all the arguments, and make a call...I feel more comfortable trading short-term when I clearly understand (or think I do anyway <G>) not only what the stock is doing, but the overall market as well...I gladly defer to a better argument when I hear one..

If this looks like excessive worry, I guess I fall into that camp. But I believe I trade better that way...

Finally, sorry if I ask too many questions....this service is free, and I figure if the questions are not interesting (enough for the other party), they'll just be ignored. Although, of course, I like getting responses, I totally understand when it is not possible..thanks again..



To: HairBall who wrote (67167)1/18/2001 7:24:10 PM
From: JRI  Read Replies (2) | Respond to of 99985
 
One last Q: Are you technical indicators showing overbought yet? Will the ripple start with a gap up? I'm showing 2900 and 3000 on the COMPX as the next major technical levels after a gap up...

This doesn't seem healthy to me at all...some stocks up 60, 70, 80% and more in less than 2 week...bubble part deux..what happened to "building a base" ?