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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (17137)6/13/1999 12:10:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 99985
 
David; I sort of thought you may not have seen it, but any way
It's fickle as all get out the short term sentiment can
change in a heartbeat , it went from 4 yesterday down to 1 today.
when it hits extremes it's almost always wrong.
There is no magic number one can count on as the make up of the
people in the survey change, it seems to be more relative to
the last two or three months than to the longer term when used
to gauge short term market sentiment.
Jim



To: LLCF who wrote (17137)6/13/1999 12:50:00 PM
From: Topannuity  Respond to of 99985
 



To: LLCF who wrote (17137)6/13/1999 2:27:00 PM
From: jjs_ynot  Read Replies (2) | Respond to of 99985
 
David,

I am unclear as to what your expectation was. Trying to establish the market trend is difficult enough. Trying to identify the duration of a move and the direct has humbled many people.

I personally have the intermediate trend (4 weeks, plus or minus 2 weeks) as negative. However, that will change when my trend indicators change. I have no idea when that will happen.

Dave


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