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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.08-0.8%Nov 18 4:00 PM EST

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To: David Lee Smith who wrote (47753)4/23/2000 5:43:00 AM
From: HairBall  Read Replies (1) of 99985
 
David Lee Smith: Well you have been spamming the Monkey on this thread for a few days now, every single time you post on MDD. Give it a rest...

Your monkey shows down side targets ranging from 1178-1277 (-17.4 to -11.4 respectively) When did you get you last buy signal and when did you get your last sell signal? What have you done to take advantage of the last four signals you have posted on your web site? Exactly what is it telling you?

How about producing a graph of this indicator's readings for the two years, so we can get an idea of its predictive capabilities. Is it a leading indicator, if so by how much does it usually lead. Is it a lagging indicaor if so by how much does it usually lag. Or is this a indicator that needs to be acted on as soon a signal is reached?

When your Monkey gives you a downside target, do you expect it to actually reach that target? If not why post the target, why not just post a sell signal???

If this indicator of yours has any value, you should be able to produce a two year chart, you should be able to answer the above questions easily.

Regards,
LG
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