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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: HairBall who wrote (41558)2/27/2000 1:08:00 PM
From: Doo  Read Replies (1) of 99985
 
Well, let's leave it at this....we both observe, neither uses a traditional labelled indicator to determine distribution.

Mine uses price and volume, yours seems to use volume...both involve some measure of experience and consistency.

Because my measures use price as well as volume, October 18 was a low as confirmed by price and volume signals within the two weeks following that day, as I posted on this thread ('scuse me for imitating dmB for a minute). The mere increased volume, without more, is meaningless to me unless it's couched in price action.

Hope we aren't creating a spike on OX's SI post chart!! <g>
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