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


To: eichler who wrote (79512)7/5/2001 7:54:15 PM
From: Davy Crockett  Read Replies (2) | Respond to of 99985
 
Hi eichler,

Nice work on posting that chart:)

Gotta agree with u on that trend thingy. It is down. However, that doesn't stop me from playing some of my fav tech stocks... (I'm a slo learner...<g>) Well just two of 'em.

Do u have any opinions on the Gold/silver sector? Would be interested to read yur comments.

TIA,

Peter

BTW, nice Intraday calls on the 'da NAZ. I was out today with the kids so I'm just looking in hindsight at the chart & comparing it to your post(s). Nice job!



To: eichler who wrote (79512)7/5/2001 8:04:22 PM
From: thestockrider  Read Replies (1) | Respond to of 99985
 
Nice down call on the Nasdaq Eichler!

If one were to think like a criminal, this downward flush would need to last long enough for some margin liquidations. That would be Mon, Tue, Thu, Fri, Mon, Tue = 6 days. And compx below 1973 do sufficiently scare investors. Looks like that gap down island reversal on the compx is negated.

-thestockrider



To: eichler who wrote (79512)7/5/2001 8:13:17 PM
From: KymarFye  Read Replies (1) | Respond to of 99985
 
Aw shoooot, EE, don't get starved for approval now. The question for me is whether you've gotten over your recently expressed aversion to short-selling, and have taken advantage of your own calls. There was a time you were determined to become ambidextrous.

I'm a little tiffed at myself for not being more aggressive, but am happy with how things have gone anyway... haven't traded from the long side in days...