Replies to post #5398 on MDA - Market Direction Analysis (MDA)

[positiontrader]

Steve,

This is my post on Zeev's board.

Zeev,

If we had a down day today I was about to give up on my"through the 200 day MA(now at 1007 on NDX) and not look back" scenerio.I certainly could be wrong and this may not happen.

With Iraq the right shoulder of the reverse Head and Shoulders pattern has been very asymmetrical.It will be interesting to see what happens.I went long again today but will go back to cash if we start trending down.

Regards

Marc