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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: AllansAlias who wrote (48329)4/27/2000 9:56:00 AM
From: Casaubon  Read Replies (1) of 99985
 
I must be dumb. While it is a very interesting graph, I cannot figure out how to use it as a predictive tool. In other words, I can not seperate the signal from the noise. As LG said, it looks like a seismagraph. The question is, at what point of the earthquake are we in? And, what amplitude earthquake will it be? I have seen many arguments that since this is the biggest rally in history, it necessarily must be the biggest bust in history. Frankly, I don't agree.

Could you comment a little about the expectations you have based on the graph you posted. Amplitude of moves, and times frames would be interesting.
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