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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Benkea who wrote (42186)3/4/2000 10:03:00 AM
From: HairBall  Read Replies (2) of 99985
 
Benkea: Since the mid eighties I have been watching the signs of the manipulation...kind of like seeing animal tracks, seeing the animals dung, seeing evidence of feeding, seeing evidence of a nest or lair...hair ect, but not actually seeing the animal.

I have been using this evidence to help formulate my investing since before the 87 correction. It has helped me a lot. I can not always spot it and when I do spot it, I am not always right. However, it has been well worth the watching...<g> Often they move early to mask their actions and on occasion follow up with head fakes as well.

Richard Ney use to spot it all the time, but he had trouble putting this knowledge to use as his timing was often way to early. I set out to devise a system to improve the timing in the eighties, but it can be early at times as well. Overall, the system has been very good to me.

Regards,
LG
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