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

To: eichler who wrote (81274)	8/8/2001 4:04:57 PM
From: Doug	Read Replies (1) \| Respond to of 99985

eichler: Your stats on COMPX cycles is interesting. We are unlikely to retest the April low. If that assumption is correct, we should be now nearing a reversal . I expect QQQ to retouch the $38.5-39 level before that happens. The reason for a low is that todays price momentum was down the entire session. Usually that generates a few distressed sells the next day. Whats your outlook both short and long for QQQ.?. Thanks.

To: eichler who wrote (81274)	8/8/2001 4:42:55 PM
From: t2	Read Replies (2) \| Respond to of 99985

eichler, to me this is a very unpredictable market. I am sticking to reading your posts along with a few others and use the information to do some trades. Keep up the great work you are doing with your TA.

To: eichler who wrote (81274)	8/8/2001 4:54:50 PM
From: LTK007	Read Replies (1) \| Respond to of 99985

<The irony is that now while the compx is getting it's butt whipped, people will become more bearish and will probably be selling the most right at the bottom where I will be ready to buy from the losers.> eichler i am not trading period,at this time---i am in vacation mode. But your reference to buying from the losers tells me your humility factor is fading :) BTW--my own LONGTERM call on NASD is 1000 sometime Before 2003.PaxMax