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


To: Smooth Drive who wrote (2142)12/16/1998 11:02:00 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 99985
 
Eric, I'm a little confused . . .

I have read your three posts and you do a great job in explaining the indicators, but my interpretation of them is that they are a bit conflicting.

On P&F, you said,

exchange2000.com

. . . especially, that the DJIA is Bear Confirmed.

But looking at the overbought/oversold indicator, I would be ready to jump in.

What am I not understanding? (Are you saying "daytraders be nimble" ?<G>)

TIA, Challo