Replies to post #11358 on MDA - Market Direction Analysis (MDA)

[LG]

augieboo: I don't know about the PPT being started by FDR, but I suspect there has been more than just a little exuberance with regards to this weekends capture. Another golden opportunity for them that hold the price stamps, to cast another fly over the river and hook individual investors as they jump out of the water to bite.

And so it goes...

Regards,
LG

PS: I'd state what I did at the open this morning, but it would be way after the fact and not fair. However, I will say I stuck to what I said I'd be looking to do in my OEX Chart post yesterday. Most of the equities on my radar screen were for the most part ripe for the expected trade, so I didn't have to look much.

[justamother]

augie, what did you do with your NENG? I can't decide whether to take the loss or keep it. Was STUPID not to set the 8% limit, methinks.