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


To: Arik T.G. who wrote (8985)3/24/1999 9:25:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Arik T.G.: Well, a short squeeze is one way to force buying at higher levels, while the Big Boyz unload...<g>

Regards,
LG



To: Arik T.G. who wrote (8985)3/24/1999 10:57:00 AM
From: Bull RidaH  Read Replies (1) | Respond to of 99985
 
Arik,

The 9 month cycle, or for me, the 38 week cycle, called for a high between last Tuesday and yesterday. The window is now closed. The philosophy is to sell the high during this time frame, and use the high as a stop.

The Bradley cycle turns up today, so it recommends buying today's low, and using the low of the day as a sell stop. Taking out today's low later in the week will signal the next down leg is underway.

Regards,

David