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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.510.0%Jan 8 4:00 PM EST

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To: HairBall who wrote (41543)2/27/2000 12:25:00 PM
From: Doo  Read Replies (2) of 99985
 
I'm not talking about a software program. I'm talking about a simple task of keeping track of price and volume in the major indices and learning the signals that come from that effort. They're easy to spot, and leave little if anything to interpretation.

I've looked at your charts, and they are nice and I thank you for posting them. But, where is it that I can find a reliable indicator on those charts pointing to the kind of distribution signals needed to avoid risk attendant to an intermediate term market change of direction?

BTW, my signals saw no significant distribution signals in October '99, but presaged that as a bottom, and confirmed the bottom on accumulation price and volume signals from the same method.

regards
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