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

To: t2 who wrote (80453)	7/18/2001 6:34:32 PM
From: eichler	Respond to of 99985

NV, Don't throw in the towel! Check over on LG's new thread, Market Pulse and look at the FM, NM chart I posted. I am thinking that 7/20 will mark a low within 2 trading sessions. Keep on the alert. If we get a nasty sell off, or even a not so nasty one and a low anytime between tomorrow and Monday/Tues...I think it should be good for some long trades.... JMHO. I know, this market is frustrating as @%*~^! Oh no! Did I just say that?....ggg Regards, Eichler

To: t2 who wrote (80453)	7/18/2001 9:50:37 PM
From: Berney	Respond to of 99985

NV, Optimism is a great attitude to have in life. However, as coined by LG, in the Market "you got to think like a criminal." Just draw the lines on a chart. Which direction are they going - up or down? If you are bullish oriented and the lines are pointed down, as a good sandbox friend noted to me long ago, print the chart out and turn it upside down. Then, you can continue to buy at support and sell at resistance. <gg> Berney