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


To: eichler who wrote (81093)8/1/2001 2:23:15 PM
From: eichler  Read Replies (1) | Respond to of 99985
 
key here on short term direction is higher highs and higher lows....(don't buy the highs and sell the lows!!!!)
home.earthlink.net
Notice stochastics rapidly approaching oversold zone....price still holding a higher low....
Daily chart bullish is a clue too...
If we take out the low and plunge, that should say something too! Watch, take your high percentage shots! Be ready to bail if signaled...
I'm reading other threads where people are selling the lows,
buying the highs....sheesh...IT DOESN'T WORK!!!!!!!!!