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

To: StockOperator who wrote (7664)	3/6/1999 8:50:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

SO: As always, I enjoy your commentary. And you and I are actually close to agreement often...<g> If my scenario turns out to be right I think it would be very wise to keep a close eye (and very tight stops) on any new positions. If I was smart money here (or played chess) and I knew that I ultimately wanted prices to drop from here. This would be my ploy to suck the masses into the market just before I pulled the rug out. Profiling the "big boys" has been part of my strategy for over a decade and is always part of my analysis thought process...<g> They "do" like to throw a lot of divergence in to frustrate the individual investors, so they can leave as many as possible standing by the train when it leaves the station. The bullish formation on the DJI chart proved correct. BWDIK Regards, LG