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

To: marginmike who wrote (82415)	11/11/2001 8:54:47 AM
From: HairBall	Respond to of 99985

Hello Mike: It has been a while… I had a little time this morning and thought I'd surf through the old threads after I downloaded my email. I've been finally taking some time away from the message boards the last few weeks. I was expecting to begin posting again on the InvestorsHub’s MDD Thread next week, but some non-market related business came up that I have to take care of next week...<ng> So, I will not be trading full time again until the 19th. I am not following the markets close enough to publicly state my expectations at this time. However, the week of the 19th I will on the IHub MDD Thread and my MDA web site (soon to be rekindled)...<g> Good trading... Regards, LG

To: marginmike who wrote (82415)	11/12/2001 3:03:36 AM
From: Psycho-Social	Respond to of 99985

Overbought Reading: Trader bullishness, as measured by Jake Bernstein's DSI's, was every bit as high late last week, as around Labor Day 2000 and in May '01. My other indicators suggest the coming decline will probably be short-lived and moderate this time, but we're very overbought and the Thurs intraday high was probably a short term peak.