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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+1.6%Nov 10 4:00 PM EST

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To: HairBall who wrote ()3/27/2000 10:01:00 AM
From: HairBall  Read Replies (4) of 99985
 
Clearing up my Pmail and Email from this weekend I was pointed to this little gem of a post...

On tops. People have been caling a top in the markets-- especially the Naz -- since I've been on SI. The only person who got it right was Chris-- and he did it 3 years ago AHEAD of Favors-- who also got it right to the day! 1997. The MDA folks have been calling tops for as long as I can recall: and they have been consistently wrong. Sew is superb at the ST stuff. He eschews calling LT tops but does occasionally flail his arms!!

Message 13284066

Of course the above statement is not correct, but I already knew he carried a knife.

I exited my few remaining longer-term investment positions this AM before beginning my holiday from the Markets. After reading the post above, I decided to share an Index I created that I have never shared before and will rarely share in the future. Draw you own conclusions. It is either close to a breakout or break down...

marketdirectionanalysis.homestead.com

Regards,
LG

PS: My Pmail will be turned off while I am on Market holiday!
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