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

To: craig crawford who wrote (67230)	1/19/2001 8:08:30 AM
From: HairBall	Respond to of 99985

craig crawford: Many of the technicians on this thread have been saying the Nasdaq is overbought for the last 200-300 points! Me thinks you don't get it... Some of us have been playing the intraday overbought and oversold swings. It has been very profitable as of late. A buy and hold long strategy for the QQQ if established near the lows on 1-3 would have yielded about 12 to 13 points at yesterday's close, but I have almost doubled that yield playing the ripples up and down. May sure you understand the time frames contributors are talking about... Regards, LG