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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: donald sew who wrote (10801)	4/13/1999 11:15:00 AM
From: RWS	Read Replies (2) of 99985

Don I mostly lurk here, have only made a few posts that were pretty much ignored by bears. I follow your system with a lot of interest and take it into account. I would like to raise an issue with you. You have stated in the past that your system works well in a sideways or channelling market but does not work well in a trending market. However I've not been able to discern from your posts whether you consider this a sideways or trending market. What seems to have happened is that as the market has trended up that instead of discounting your system you have "become bearish." My interpretation may be totally off the wall, but it seems like this is the type of "subjectivity" that DougR was referring to. I apologize in advance to all on this thread who might take this as some kind of insult. RWS

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