Replies to post #6394 on MDA - Market Direction Analysis (MDA)

[WinLoseOrDraw]

check your SI PM in about five minutes. eom.

[deuce bigalow]

That's the main reason I hardly ever actually DO anything. {g/ng}<<<<

Augie, it's hard to do anything lately, the market gaps up and goes that way for a day or two or not at all, it gaps down and goes that way for a day or two, the $vix had a big bar down today to the area of the market tops in late dec and early jan.,

the ST, IT, LT averages are intertwining on most stocks and indexes and volume is decreasing.

the Networkers have the best triangle going.

i'd say we should be nearing a point where the market will take on a good directional move.

I wish i knew when and which way, but ever since miss cleo got shut down i've had to just make wild ass guesses -gg-

[positiontrader]

Augie,

Have you ever had a chance to read Trading in the Zone by Mark Douglas?It is very good and primarily discusses the psychological part of trading.I found it helpful.A trend also would be helpful.I hope today starts one.


Regards

Marc