MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Pulley who wrote (83828)	5/9/2003 11:23:31 PM
From: Psycho-Social	Read Replies (2) of 99985

Investors Intelligence Survey: I have studied this survey extensively and used to rely on it till it stopped being effective. While I dont have time to give a detailed review of its defects right now, they are essentially two: * In the late 90s, it sort of got stuck in a high bullish position, and hasnt ever gone back down to what used to be the levels of pessimism that correlated with intermediate and longer term lows. * It lags by almost 3 weeks. This isnt too significant in a plateau like pattern, such as the current one, but can be quite costly when we get a v shaped high or low. I've been using a 3-Survey average of Market Vane, Consensus Inc and the AAII Survey in recent years. I'll be updating it this w/e. I also use Jake Bernstein's DSIs for corroboration, and to fine tune sell and buy signals. I dont necessarily disagree with your conclusions, just the info on which you're relying.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next