MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: HairBall who wrote (76220)	4/30/2001 12:46:38 PM
From: t2	Read Replies (1) of 99985

I still enjoy reading some of the folks that choose to continue to post their work on this thread, but MDD is far from being what it use to be and still could be. My apologies LG if part or all of that comment is directed towards me. I just felt the need to defend myself after the name calling on two separate threads from the same person..and maybe I took it a little farther than I normally would. I have to admit that I don't use TA in my decisions and only use it as a secondary indicator. I had thought that this thread was for people using various methods. My recent predictions on my methods have been very correct recently but I am aware that sooner or later it goes against you. If it was just bogus bullish sentiment...I would like to know how someone comes to that conclusion. It is much harder to defend one's position if there is no use of charts. However, there are other factors involved such as investor psychology etc... I still do appreciate the TA comments but find them less important at certain points of time...such as the period beginning of April when other factors may be at work. However, to criticize people for using alternative methods does not seem correct unless this is was really a TA thread.

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