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

To: t2 who wrote (76441)	5/3/2001 11:06:44 AM
From: eichler	Read Replies (1) \| Respond to of 99985

Good for you NV, You really distinguish yourself apart from certain individuals who irresponsibly urge others to jump into a market frothing with risk. It's one thing to take risk when conditions warrant, quite another to blindly follow (and urge others to do the same) an uncertain path when risk has become too great. My compliments to you. Personally, I hope the trendline on the 60 minute chart holds, I find it easier and am more comfortable to make money on the long side (personality thing, though I'm working on it) than shorting. Somehow goes against my nature to bet short.Standing aside though is not a bad strategy. It would not be unlikely to fill the gap above before turning back down. But a signal HAS been generated. I'll just watch from a distance until the smoke clears. Best of luck trading, Regards, Eichler