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

To: HairBall who wrote (3948)	1/14/1999 2:01:00 AM
From: Jon K.	Read Replies (2) \| Respond to of 99985

***** MDA/TA for Newbies - Help page ****** * If anyone has more goodies, please feel free to add here * (I would like to graduate from this newbie site <g>) Helpful web site recommended by LG: chartpatterns.com decisionpoint.com hardrightedge.com smotass.net equis.com angelfire.com More Tutorial: iqc.com e-analytics.com cis.ohio-state.edu. Glossary: NYSE Financial Terms: nyse.com TA Glossary: e-analytics.com Books: Recommend by SE: * Market Wizards - Jack Schwager, 1993, $12 * The New Market Wizards - Sequel, 1994, $12 Recommend by Debra Orlow: * Timing the Market - Cutis Arnold, 1993, $18 * Technical Analysis of Stock Trends - Edwards & Magee, 1997, $52 * Trading as a business - Charlie Wright, (free) omegaresearch.com Recommend by David J: * Using Technical Analysis - Clifford Pistolese, 1994, $20 Recommend by L3 aka L3: * Technical Analysis Explained - Martin Pring, 1991, $35 (AMZN) * Trading for Living - Alexander Elder, 1993, $42 * Electronic Daytrader - Friedfertig & West, 1998, $25 ** New book by Martin Pring might be a good choice for newbies -Martin Pring's Indtroduction to T/A Includes CD rom seminar & workbook, 1998, $40 More T/A book ref: e-analytics.com

To: HairBall who wrote (3948)	1/14/1999 2:02:00 AM
From: Compadre	Read Replies (2) \| Respond to of 99985

LG: I agree, but it will be interesting either Friday at the close or Monday. I have noticed that a second sell of often follows a big sell off like yesterday's one or two days later. (See NAZ chart Dec 96 and May 97. The bright side is that the rallies continued after the sell offs. Regards, Jaime

To: HairBall who wrote (3948)	1/14/1999 5:09:00 PM
From: Richard J. Byrd	Respond to of 99985

LG: <This market well be up into the expiration on Friday - Stay Long.> WOW!, Did I blow that projection. I was so impressed with the quick recovery of the NAZ on Wednesday that I concluded that there was more upside in this market before a turn down. OK - Everybody likes to tell their good calls - I'll confess to my terrible one. Unfortunately, I put my money where my mouth was and got stung today. I bought some OEX calls at what I thought was going to be the low in the late morning when the market started to rally. - Bad move. I lost over 50% on the position before I could exit. Win some, lose some, but so long as I win more than I lose we'll be OK. Dick