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

To: John Doyle who wrote (22830)	8/12/1999 9:57:00 AM
From: Gersh Avery	Respond to of 99985

Hi John The other day I didn't respond to you .. sorry about that. Extra time is a very small item these days. What had disturbed me then was the extra turn time at ~10:15 that I wasn't expecting to see. The pattern for the day got inverted from that point forward. For today it looks (at this time anyway) like the bulls have it. The time frame from open to 9:42 got stretched out and the down turn for the 9:45 time through 10:05 is very weak. Baring any nasty news it looks to me like the bulls have the day. Gersh

To: John Doyle who wrote (22830)	8/12/1999 10:42:00 AM
From: Gersh Avery	Respond to of 99985

Hi John Wow .. the open really stretched out .. Relitive magnitude viewpoint .. this little dip from 10:05 seems to have been the one for the 9:42 time .. if that is the case then today is gonna be one big bull ride. I'm looking at the ratio between the magnitude of the movement up verses the movement down. oops down movement not over .. The ratio should give the direction for the balance of the day. And, if the down movement continues until the 11:10 time it'll turn there up into noon. movement into noon is a counter move towards the end of day. up till noon would be down at end of day. (Yep .. I'm confused<g>) Gersh