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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.83+0.3%Dec 3 4:00 PM EST

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To: ahhaha who wrote (61660)10/31/2000 4:06:08 PM
From: Wayners  Read Replies (1) of 99985
 
Take a look at a daily chart of SPOT versus a daily chart of MCDT for example. You will notice that the amplitude of the oscillations of MCDT (I just have a simple 3 day moving average on it) are wide and you can expect prices to carry through on a reversal in direction in the 3 day moving average. This same expecation in SPOT will lead you to bankruptcy in short order. You've got to see the difference between the two. Then add in some money management and suddenly you're making money. MCDT is what I call predictable. SPOT is very unpredictable. I don't trade SPOT.
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