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


To: bobby beara who wrote (68620)2/5/2001 10:37:15 PM
From: Mike M  Read Replies (3) | Respond to of 99985
 
I'll answer that for you cause I can interpret between the lines....

He's bullish if the market goes up and bearish if it goes down. Within limits, that is.



To: bobby beara who wrote (68620)2/5/2001 10:47:43 PM
From: ken-l  Respond to of 99985
 
bobby,

yo dude .. to be frank .. i covered my short when compx broke its intraday 61.8% @2619+/- <which was its 30dma>, and went long this afternoon !!! i am currently leaning toward long, at least for tomorrow morning !!!! i dont usually predict, dude; i trade after the fact !!!! if compx negates the long slender leg doji it printed today <and along closes below the trend line/fib supports betw 2526-2548>, i'll be heading back to the dark side again !!!

but, if it ascends higher and closes at its high tomorrow, which in turn confirming today's reversal signal <become the morning star>, i'll be hanging out with the bulls for awhile !!!

compx is in its transition !!! with the today's close, it has a bullish bias !!! the picture should be a lot clearer after a day or two !!! but, if ur question was to ask me whether i am long or short at the moment .. i'm currently long !!!

how're ya doing ???? so, r u long or short ??? dude, u still owe me the correlation charts between gold stks and tech stks !! may i again ask ??? <GGGG>

regards,

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