Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Slava Chechik who wrote (2700)	12/23/1998 7:25:00 AM
From: Debra Orlow	Read Replies (1) \| Respond to of 99985

I'm waiting for more conformation on sell signals such as change of MACD and stochastic on weekly charts. Slava, this is a great tactic for longer term trading. There is no denying the weakness that we see, but there is also no denying the bullish mentality that is driving us continually upward (albeit in a narrow way). This bullish mentality may last one more day, or one more year, who knows? By waiting for weekly signals, there is less chance to get whipsawed by the bullishness. For me, I am a shorter term trader, and what I trade is what you see within those weekly bars. By the time the weeklies have confirmed, it's too late for most of my signals/system. I applaud your patience. Thanks for posting the numbers. Debra