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


To: Monty Lenard who wrote (7545)3/4/1999 9:27:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Monty Lenard: Trust your common sense...<g> I am playing this Market intraday like a fiddle. Of course, mine was out of tune today with all the data feed problems I experienced…<g>

I think one should not over react to any one day's movement up or down. Evaluate the Market and go with your best FA and TA for your core holdings.

But this Market offers a lot if one is into playing the ripples. So, use risk capital only for those intraday and short-term position plays with a game plan in place before placing the bet.

This Market has been fairly readable the past six months, but it is getting harder to read now, because the "big boys" want it to be harder. A series of large swings in a trading range will have most on the bench when the real move comes. Hopefully with the collaborative input from the many good analysis on this thread, we will be comfortable sitting in first class when the porter yells "all aboard"....<g>

BWDIK as always
Regards,
LG