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


To: KymarFye who wrote (78378)6/11/2001 1:41:56 AM
From: bobby beara  Respond to of 99985
 
yes thats true and i didn't say a new downtrend, but a possible new downtrend, the trend is your friend, the bulls are looking at the daily trend, the bears are looking at the weekly trend, nobody owns the trend and we have major indecision, but explosive moves usually happen out of these low volatility situations, we've seen that out of october 99, sept 00, jan 01, the trader must place there bets on whether the bear market is over, or not.

we haven't put in a lower low, but one of those trader links said beat the crowd to the door, but get out before they all come into the party, that includes a chop and slop environment.