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


To: HairBall who wrote (67263)1/19/2001 10:26:06 AM
From: Les H  Respond to of 99985
 
SML.X also had identical candles as well as weekly stochastic in deep overbought, near 90.



To: HairBall who wrote (67263)1/19/2001 12:33:16 PM
From: KymarFye  Read Replies (1) | Respond to of 99985
 
LG: So far, yeah, the candle read looks accurate, but the day is only half over. What I take more seriously, or observe with even greater interest and some amount of confoundment, is the continued ultra-goofiness of Nasdaq futures and after hours trading - though I'm loathe to read conspiracy into market action, the two together seem to add up to a huge painting party, day after day... If you took them seriously, you'd have to have expected a push toward 3000 TODAY, instead of a razor-sharp whipsaw...

Still waiting for someone to answer my questions about the Nasdaq futures market - who, how many, where, how much, etc. - why in short do we take it seriously at all? Enquiring minds still want to know... or am I going to have to research this one myself?

What I take even more seriously is my broker's continued dysfunctionality. Second day in a row web page down, live trading floor in confusion... Can't hold them responsible for some of my lesser trades, but still can't wait for my application at new firm to be cleared... even if it will force me to learn a new style of trading...