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


To: HairBall who wrote (10849)4/13/1999 2:40:00 PM
From: StockOperator  Read Replies (1) | Respond to of 99985
 
LG,

As I have said many times in the past that breakout points are dangerous times to be trading the markets. Bull and Bear traps can take your head off simply because they offer swift violent moves contrary to the obvious break. As you may have gathered from my posts this morning the Trannies and Rut are critical here in that the ball is in their court. The DOW, NAZ and S&P have marched merrily into record highs while these two have lagged. So their performance is critical here.

Regards,

SO