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 671.93

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donald sew who wrote (2471)	12/21/1998 1:30:00 PM
From: Jorj X Mckie	Read Replies (2) of 99985

Donald, Most of the general P&F indicators reversed to negative last week not positive. Not necessarily sell signals, but big red flags for caution...and definitely not buy signals. P&F of course is opposite to your system in that it doesn't factor time into the equation at all, just price. P&F has actually been fairly accurate in identifying the turns in the market with the big indicators (NYSE bullish percent is the key indicator). The faster market conditions have helped in the accuracy of the market turn predictions. JXM I believe that POINT & FIGURE just gave a buy signal from what I read on SI, and it is a linear system.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next