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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.79+0.6%4:00 PM EST

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To: Tom Pulley who wrote (83838)5/12/2003 9:43:29 PM
From: Psycho-Social   of 99985
 
Historical Data:
The 3 indicator average computation is done on paper copy graphs, but I do have raw data on each of the 3 components in spreadsheet format. If you want that, it would need to be attached to an email. I do have a chart on my web site, but it hasnt been updated in quite a while. It's at nav.to/biedzen. BTW, it's good to know my posts and underlying research are appreciated. While it would be great if this thread had more posters, the quality at least, including yourself, is quite good.

Re the surveys, I had the opportunity to do extensive study of sentiment surveys and get historical data, especially about 3 yrs ago. What I found was that these variables were key to obtaining the best contrarian indicators:
* Ability to get updated data for free or at reasonable cost.
* A consistent pattern of ranges in the data over periods of ten years or more.
* Ability to get current data at weekly or more frequent intervals.
* Generation of both buy and sell signals at least once a year.
When all was said and done, the combination of the 3 indicators proved the best way of accomplishing all of the above.
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