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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: Les H who wrote (42570)3/8/2000 9:12:00 PM
From: John Madarasz  Read Replies (1) of 99985
 
Low Post Ratio Tonight...MDD = No Fear

Portends rally tomorrow<g>

Cool fibonacci site this morning Les... The scroll logo at the top of the page is laid out using the Golden Section... all based on the fibonacci progressions.

sandspring.com

I had to chuckle when I saw it, because I use the Golden Section and fibonacci progressions in my design work all the time... all the great ornamental ironwork designs, and designs through the ages use these formulas...

amazon.com

Amazingly, much of the world that we know moves to these recognized rhythms, and the markets are no different to a certain extent...

the ebb and flow of supply and demand, moving because of elemental forces that so many do not understand.

Best regards,

JM
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