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

To: Jay Rommel who wrote (6132)	2/11/1999 6:23:00 PM
From: uclatrader	Read Replies (1) \| Respond to of 99985

hi jay actually until this morning i was bearish i doubt this rally will last unless internal breadth supports it but i couldn't resist this short term trade the rebound is very powerful and impressive transport financial retail tech all up and internets held up even dow dipped to up 87 pts from 110 the momentum is reversed so i jumped in around 11:30 placed four orders and got filled maybe tomo is down i will add more if i don't see the breakdown under 50 ema i will close longs if ad line still lower and new low new high don't get improved i will go short again then now i m just hoping to get a profitable trade not a new all time high or severe crash at this time best regards shuo

To: Jay Rommel who wrote (6132)	2/11/1999 6:38:00 PM
From: HairBall	Respond to of 99985

Jay Rommel: Well I agree we should keep gut feels to a minimum. I am keeping an eye on it and so far not so bad. One has to allow for a some to keep the thread fun...<g> And I agree, a day like today can change minds from yesterday. Regards, LG

To: Jay Rommel who wrote (6132)	2/11/1999 8:11:00 PM
From: donald sew	Respond to of 99985

Jay, >>>>> The only point I was trying to make is what a difference a day makes. One day, all the posters were saying down, down, down, 24 hours later ... <<<<< I was reading most of the post on this thread, and I really didnt see alot of people reversing their position, at least not just yet. The media appears to be painting a rosey picture, and maybe on other SI threads there is a bullish change, but as of now I have not seen many firmly change their position on this specific thread. The bearish ones, like myself, may question their position in light of todays strong runup, but I would think that would be natural. Seeya