tag:blogger.com,1999:blog-2335748440449035592.post791003668979651786..comments2007-11-30T10:40:10.288-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2335748440449035592.post-85980503560032559592007-11-30T10:40:00.000-05:002007-11-30T10:40:00.000-05:00Perhaps<BR/>Like I said, its for technical reasons, I thought everyone hated MDR just a week ago. Hilarious how things change. I am just not interested in chasing a market up 6.5% in 4 sessions. I am selling into strength. If S&P 1490 is broken then perhaps we go back to test all time highs but I am going to remain cautious for now. Something stinks in Rome.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-46050059473079978022007-11-30T09:53:00.000-05:002007-11-30T09:53:00.000-05:00MDR is up nicely above the 50dma - closed above yesterday and today is moving up with everything else. 55.50 right now.msbnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-21599623602103475992007-11-29T12:43:00.000-05:002007-11-29T12:43:00.000-05:00Yep! The close is what matters. And then another day of confirmation and we can feel a bit more trusting. Actually the S&P 500 is in a very similar situation as MDR and NOV - ironic.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-40477605126067089282007-11-29T12:04:00.000-05:002007-11-29T12:04:00.000-05:00MDR is holding up well so far today. Hovering a little over half a point above the 50dma still. Will be a good sign if it closes around this level.msbnoreply@blogger.com