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

To: KymarFye who wrote (83313)	7/20/2002 5:15:59 PM
From: Tom Pulley	Respond to of 99985

the same part of me that enjoys record-setting sports performances but also finds human tragedies and natural disasters fascinating - would get a kick out of a "whoosh" Monday that DIDN'T reverse I always wondered who watched those shows (vbg). As far as stops, I have stops on the individual stocks I own, but I've found it safer not to use stops when playing my model on the qqq. It is not uncommon that the model will buy early and then would get stopped out on one of those big drops and subsequent reversals that happen from time to time. From the replies to my bullish post it appears most disagree with me. Hopefully that is a good sign that there are few left to sell at this point. I would hate to give you the "enjoyment" of a downward whoosh that didn't reverse (g). Monday and Tuesday will be interesting! Tom