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

To: HairBall who wrote (12197)	4/28/1999 12:04:00 PM
From: StockOperator	Respond to of 99985

LG, I do believe that sounded like a compliment. <gg> Seriously, I do believe your post sums up where we're at currently. We have traveled a great distance this month. It is only wise to expect some sort of retracement or pullback. Which btw I am not saying we are going to get (anything is always possible). But in the context of where we've come from I think you should always prepare some sort of pullback. I think you have to look at the obstacles that come up along the way (resistance) and be willing to sit back and take your cues from what the market is giving you. Right now certain groups are definitely losing strength. Your comments about any new money or positions already established (and in the money) I think hits it right on the head. Regards, SO