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 659.03

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee Lichterman III who wrote (12076)	4/26/1999 11:03:00 PM
From: HairBall	Read Replies (3) of 99985

Lee: Well you and I don't disagree often, but let this be one of the first.... I think you are trying to complicate TA. Third party and overseas Markets are already effecting analysis. Would you throw TA out the Window if the trading added say two or three more hours? Where would you draw the line? TA is what it is, a reflection in price and volume of "all" that the Market is. It should not matter weather the trading day is 6.5 hours or 24. Ultimately the Market will find its level. Time frames would change, but the basics would still remain...trust me...<g> Some variance in reads would most likely be in order, but ultimately TA would not be negated, just altered some. There would be added risk coupled with added opportunity! Quite frankly I like the idea. As long as it is no more poorly regulated than the current system. To All: Download problems will prevent me from posting my charts tonight. Regards, LG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next