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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (23831)	8/10/1998 9:13:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Monty; Thanx, I think this is one kickass indicator, it spots the trend real fast , a one day anomoly may not mean much, just over say 3 days is it making lower lows or higher highs, it's a real good short term trend spotter. I screamed short on July 16th..I would love to see just the NYSE leading up to that say a week or so. And I went long the DIA on the 5th, of course I was stopped out, then bought , then sold, then bought, then sold again today, ALL that for about $100 profit after commission, had I been more certain and not jumping in and out and just sold today I'wldv done a little better. I just been playing 100 shares to get the feel. I may switch to the MDY on my next buy. I like that +20 DMA count on the whole lot of them. Jim