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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.27

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Dec 26 4:00 PM EST

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To: Casaubon who wrote (20887)	7/22/1999 9:41:00 PM
From: bobby beara	Read Replies (1) of 99985

C, all trends stop and start and continue or end, and determining whether accumulation or distribution is a speculative art, thats why you speculate depending on your read and place stops and hopefully you are practised enough to win more than lose. >>How can a stock be accumulated or distributed without changing the price. <<< At levels of supply or demand, buyers and sellers find equilibrium, then either buyers or sellers take control. The wrong people are selling or buying from/to the right people, thats accumulation or distribution. Determining who is right is the task. thats why doji's are important these are points of equilibrium and reversals infer a change in trend.

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